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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1) Define Information Technology. Describe various types of information systems. Is Information Technology as vital to modern global business as money? Why or why not? Discuss some trends in IT development. Ans: In order to define Information Technology‚ let me define the term information first. By the term "information" we mean data that has been shaped into meaningful form that is useful to human beings. Data‚ in contrast‚ are streams of raw facts representing events occurring in the organization
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A sound financial reporting system‚ supported by high quality accounting standards and backed by a solid regulatory‚ governance and ethical framework‚ is a pre-requisite for economic development”. Economic development is affected by many factors; some believe that a strong financial reporting system is one of them. Throughout the report this will analysed and discussed to come to a sound understanding whether it does and if so‚ how effective it really is. High quality accounting standards
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pharmaceutical benefits scheme‚ there has been increased pressure on local community pharmacies to improve both financial and non-financial measures of performance. With such pressure there has been increased attention given to management control systems as a means of ensuring effective use of resources and improved organisational functioning. To illustrate the use of management control systems and management accounting‚ this report will analyse the current practices at the community pharmacy Pharmasave. The
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plastic pollution‚ the accumulation in the environment of man-made plastic products to the point where they create problems for wildlife and their habitats as well as for human populations. In 1907 the invention of Bakelite brought about a revolution in materials by introducing truly synthetic plastic resins into world commerce. By the end of the 20th century‚ however‚ plastics were found to be persistent polluters of many environmental niches‚ from Mount Everest to the bottom of the sea. Whether
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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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firm implemented new information systems in order to achieve which of the main six business objectives? A) customer and supplier intimacy B) survival C) competitive advantage D) operational excellence 22) vv MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 21) From your reading of the Cannondale case study‚ the firm implemented new information systems in order to achieve which of the
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of Waste Plastic as a Strength Modifier in Surface Course of Flexible and Rigid Pavements Afroz Sultana.SK1‚ K.S.B.Prasad2 2 1 PG student‚ Department of civil engineering‚ GMR Institute of Technology‚ Rajam‚ Andhra Pradesh‚ India Assistant professor‚ Dept. of civil engineering‚ GMR Institute of Technology‚ Rajam‚ Andhra Pradesh‚ India Abstract The present study investigates the potential use of waste plastic as a modifier for asphalt concrete and cement concrete pavement. Plastic waste‚ consisting
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Management Information System A management information system (MIS) provides information that is needed to manage organizations efficiently and effectively.[1] Management information systems are not only computer systems - these systems encompass three primary components: technology‚ people (individuals‚ groups‚ or organizations)‚ and data/information for decision making. Management information systems are distinct from other information systems in that they are designed to be used to analyze
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Blanket ban on plastic carry bags unlikely January 22‚ 2011 9:58:21 PM M Madhusudan | New Delhi Despite a popular demand for it‚ and Delhi‚ Jammu & Kashmir‚ West Bengal and Himachal Pradesh having already set a precedent‚ India will not have a blanket ban on plastic carry bags. The Environment Ministry has instead proposed putting in place a stricter regulatory regime for plastic manufacturers. If the manufacture of ‘biodegradable’ plastic carry bags is planned to be made mandatory‚
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