Principal Component Value at Risk: an application to the measurement of the interest rate risk exposure of Jamaican Banks to Government of Jamaica (GOJ) Bonds Mark Tracey1 Financial Stability Department Research & Economic Programming Division Bank of Jamaica Abstract This paper develops an effective value at risk (VaR) methodology to complement existing Bank of Jamaica financial stability assessment tools. This methodology employs principal component analysis and key rate durations for assessing
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Virtual teams were almost unheard of a decade ago‚ but today they are an integral part of every organization. The recent “offshore outsourcing” trend and the growth of the Internet and similar globally linking technologies are major contributor to the increase in the use of virtual teams. Virtual teams are made up of people working on interdependent tasks and interacting largely via communication technology to achieve a common goal without concerns of time and space. Such teams carry out many critical
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Collaboration in Virtual Teams Did we get the message? Gaby Rasters 2004 Copyright: 2004 by Gaby Rasters Cover design by H.T.L Janssen ISBN: 90-9018652-2 Printing: Print Partners Ipskamp All rights are reserved. No part of this publication may be reproduced‚ stored in a retrieval system‚ or transmitted‚ in any form or by any means electronic‚ mechanical‚ photocopying‚ recording‚ or otherwise‚ without the prior permission of the author. Communication and Collaboration in Virtual Teams Did we
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The relationships between inflation and exchange rate The existence of linkages between the level of the exchange rate and the rate of inflation has been more commonly established in the theoretical literature. Using this definition‚ we can show the link between inflation and exchange rates. What is exchange rate and what is inflation? An exchange rate is the value of one currency expressed in terms of another currency. Exchange rates are expressed as a comparison of the currencies of two countries
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Computer Concepts Virtual Reality 8/1/2012 Submitted to: Sir Mujtaba Memon Group Members: Zainab Imtiaz (11915) Komal Shamim (12788) Zara Iqbal (11335) Halima Muhammad Hussain (13670) Contents Letter of Transmittal 3 Introduction 4 Definition of Virtual Reality 4 Advantages of Virtual Reality: 4 Disadvantages of Virtual Reality 6 Types of Virtual World 7 Virtual Entertainment: 7
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Virtual Teams in Action: Building the F-35 Fighter Case Study 1 By: Alyssa Dimeck MGT 404 10/09/2011 Professor Samuel Palmeri Virtual Teams in Action: Building the F-35 Fighter CASE SUMMARY The U.S. Department of Defense is known for their F-35 Lighting II Program; the focal point for defining affordable next generation stealth fighter aircraft. In 2002‚ the Department of Defense announced Lockheed Martin Aeronautic as the designer and builder of the fighter with Northrop Grumman and
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This text is about Kudler Fine Foods‚ a virtual organization‚ used for the purpose of give an overview of management. This will identify the primary functions of management through the description of whom is responsible for each function at Kudler‚ explaining how technology and internet are used nowadays and how affects the management of the organization‚ and illustrating each of the five forces from Porter’s Model. Kathy Kudler was the VP of Marketing of a large defense contractor company and
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competitively in a world shaped by globalization and the information revolution. Downsizing‚ outsourcing‚ and employee empowerment have become facts of life in the climate of many organizations‚ while job security is rapidly becoming a thing of the past. The survival of many organizations depends on the ability of the organization to rapidly change its structure‚ culture and products to match the changing demands of the environment. [1] This ever-changing environment has set the stage for a new dimension
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Virtual Leadership Webster University HRDV 5610 Abstract Virtual leadership and the use of virtual teams has been around for approximately one decade. The advancement of technology‚ the decline of the business economy‚ and the urgency to attract and retain knowledgeable human resources with the retirement of the Baby Boomers are reasons multiple organizations now employ a virtual workforce. This paper will look at the competencies and skills necessary to be a successful virtual
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Introduction and Thesis Nowadays‚ virtual techniques have become more and more popular. In the article I have chosen‚ the author believes that members of successful virtual collaboration teams (VCTs) need strong interpersonal and collaboration skills‚ which include establishing trust‚ embracing diversity‚ knowledge sharing and so on (Roy‚ 2012). In addition‚ compared to traditional face-to-face collaboration‚ this article also illustrates the advantages and disadvantages of VCTs. After reading
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