FINANCIAL MANAGEMENT The main objectives of financial management are:- 1. Profit maximization : The main objective of financial management is profit maximization. The finance manager tries to earn maximum profits for the company in the short-term and the long-term. He cannot guarantee profits in the long term because of business uncertainties. However‚ a company can earn maximum profits even in the long-term‚ if:- i. The Finance manager takes proper financial decisions. ii. He uses the finance
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School of Management‚ Erasmus University * Indicates new course code for 2011-2012 academic year Preface Rotterdam School of Management‚ Erasmus University offers a large portfolio of MSc programmes. In this study guide you will find course information for the following programmes: MSc in: Business Administration‚ specialisation Accounting & Control Business Information Management Chinese Economy & Business Entrepreneurship & New Business Venturing Finance & Investments General Management Global
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Chapter 5—Currency Derivatives 1. Kalons‚ Inc. is a U.S.-based MNC that frequently imports raw materials from Canada. Kalons is typically invoiced for these goods in Canadian dollars and is concerned that the Canadian dollar will appreciate in the near future. Which of the following is not an appropriate hedging technique under these circumstances? a. purchase Canadian dollars forward. b. purchase Canadian dollar futures contracts. c. purchase Canadian dollar put options. d. purchase Canadian dollar
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Considerations in Financial Management This analysis is to explain how ethics plays a role in financial decision-making. This analysis will explain how ethical considerations are involved in decision-making as pertains the article found on the Internet; will name the objectives of the organization‚ and describe how these objectives could influence the financial reporting decisions. Ethics and the Financial Decision-Making Process Ethics plays a large role in financial decision-making. A company’s
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Introduction to Financial Management Course Syllabus First Semester 2010-2011 INTRODUCTION TO FINANCIAL MANAGEMENT GENERAL INFORMATION: Lecturer: Dr. Nguyen Thu Hien Class schedule: Wednesdays (9.05 – 11.30am) E-mail: nthuhien2009@yahoo.com (please use subject “FIN” to avoid ignorance of your emails due to high spam rate in my inbox) TA: Tu n Duy: tuanduy07@gmail.com; Cell: 0908 665 388 Number of credits: 3 Prerequisite: Principles of Accounting Text book: Ebook - Fundamentals of Corporate
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with individual events that affect a particular asset: • Firm – specific risk that’s reduced through the construction of diversified portfolios 4. Business Risk – risk associated with the nature of a business 5. Financial Risk – risk associated with the types of financing used to acquire assets 6. Non-diversifiable risk (systematic risk) – risk associated with fluctuations in securities prices and other non-firm-specific factors; market risk that is not reduced through the construction
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1. Time value of money (15 points) You have just turned 30 years old‚ have just received your MBA and have accepted your first job. Now‚ you must decide how much money to put in your retirement plan. The plan works as follows. Every dollar in the plan earns 7% per year. You cannot make withdrawals until you retire on your 65th birthday. After that point‚ you can make withdrawals as you see fit. You decide that you will plan to live to 100 and work until you turn 65. You estimate that to live
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Executive Summary The creation vs. evolution debate is a question of origins. How did we get here? Were we created or did we evolve randomly? Are we the product of purposeful intelligence or are we merely the end result of countless cosmic accidents/randomness? What does the evidence say? The purpose of this paper is to compare the theory of evolution with the Bible’s creation account‚ to study both sides of this controversy. Using the evidence from the fields of paleontology‚ geology‚ biology‚
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U.S. financial crisis has evolved into a global economic crisis on China’s enterprises‚ especially SMEs brought unprecedented challenges to survive . How to improve the ability to control the financial risks ‚ the economic crisis ‚ to be placed in front of the key issues for SMEs . Through the financial risk content ‚ features and causes of the crisis and its impact analysis ‚ so as to arrive for the improvement of SME financial risk or crisis control. Keywords financial crisis ; financial risks
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Strategic choice is a decision making process. Strategic choice could be defined as the decision to select from among the grand strategies considered‚ the strategy which will best meet the enterprise’s objectives. The decision involves focusing on a few alternatives‚ considering the selection factors‚ evaluating the alternatives against three criteria‚ and making the actual choice. The four steps in the process of strategic choice are; • Focusing on alternative • Considering the selected factors
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