when it is needed. 2. Lockbox systems and regional collection offices both make the process of checks coming from a far location faster. The difference between the two is that lockbox systems only require the use of a post office box and a local bank. It clears checks at a lower cost. 3. A manager would want to slow down disbursements because it allows the company to hold on to their cash balances for as long as possible. 5. Treasury bills are a good place for financial managers to invest
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The Role of Banks and Capital Markets in resource allocation between surplus and deficit units in an economy. By: Adetokunbo Olu. Aofolaju Introduction The issue of how scarce societal resource should be apportioned to different uses has always remained the central focus of economics. Given that the wants of a society are insatiable‚ the policy thrust of managers of any economy is establishing an appropriate framework for ensuring the deployment of resources to areas of needs that ultimately increases
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legislation and the regulations by Nigerian officias has become one of the major problems of Larson. The value of the company by the Securities and Exchange Committee has been extremely low and the sales collection and payment to suppler are delayed in Nigeria. All these factors affect the liquidity and cash flow and raise the total cost of the company. Maintaining the operation was also complicated by problems in staffing. Expatiate staff is very costly. Additionally‚ entry visas for those expatriate
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Chapter 2 Protest movement in Nigeria In democracy‚ having a wide spread number of people tell the government that they do not like its practices could herald to protest movements. As thus‚ it is a very effective way of getting changes made and raising or revisiting issues. History of protest movement During the 19th and early 20th century‚ Nigerians sought and found ways to oppose the foreign rule. As the middle classes and the working classes became more educated‚ there came with it‚ the desire
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Alleviating Poverty in Nigeria By Anthony Maduagwu ( aka -Toniman ) The Nigerian government is once again embarking on another attempt to alleviate poverty. This present one looks like it is heading the same way the past ones headed and subsequently failed. Amongst the reasons why the past poverty alleviation attempts failed were - ( 1 ) the politics of personal rule - a distinctive type of political system in which the rivalries and
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International Money Transfer in Nigeria (Kester Osahenye) Introduction With an estimated 145 million inhabitants (Nigerian Population Census December 2006)‚ Nigeria is unarguably the most populous country in Africa. Since the emergence of the nascent democracy‚ Nigeria now plays a pivotal role in African migrations. As Africa’s economic giant‚ Nigeria has also become increasingly involved in international migration to Europe‚ the US‚ the Gulf countries and South Africa. Yet Nigeria is a source and destination
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Behavioural finance Understanding how the mind can help or hinder investment success By Alistair Byrne With Stephen P Utkus For investment professionals only – not for retail investors. 1 Why bother with behavioural finance? This document aims to provide a practical introduction to general tenents of behavioural finance and highlights the potential lessons for successful investing. The behavioural biases discussed in this guide are ingrained aspects of human decision-making
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Subway as a large international company perform a big role in world’s background.As a restaurant chain‚ a lot of micro environmental factors influent on it. Those factors are: size‚ competitors‚ customers‚ market‚ target‚ finance‚ labour‚ suppliers. All of them influent on all companies in fast food business. Size: As it was mentioned Subway is one of the largest fast food companies. Like the other competitors it has stres all over the world. There are more than 25‚000 stores in 83 countries
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THE CAUSES OF THE ECONOMIC CRISIS AND OTHER ESSAYS BEFORE AND AFTER THE GREAT DEPRESSION LUDWIG VON MISES The Ludwig von Mises Institute dedicates this volume to all of its generous donors and wishes to thank these Patrons‚ in particular: Reed W. Mower ~ Hugh E. Ledbetter; MAN Financial Australia; Roger Milliken; E.H. Morse ~ Andreas Acavalos; Toby O. Baxendale; Michael Belkin; Richard B. Bleiberg; John Hamilton Bolstad; Mr. and Mrs. J.R. Bost; Mary E. Braum; Kerry E. Cutter;
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Macro Economic System and its Management. 1. Macro Economic Concerns: • Micro vs Macro Economics. • Major Building Blocks of Macro Economics: 1) AD & AS 2) Four Sectors: HHS‚ BS‚ GS & FTS 3) Two Markets: Commodity Market and Money Market. • Specific issues to be addressed in Macro Economics: o Rising Prices o Rising Unemployment o Falling GDP o Balance of Payments Crisis. • Tools of Macro Economic Policy and Management:
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