“THEME: PROCUREMENT" INTRODUCTION Procurement is when the government is outsourcing of goods‚ services or works from the private sector. It is favorable that the goods‚ services or works are appropriate and that they are procured at the best possible cost to meet the needs of the public in terms of quality‚ quantity‚ time‚ and location. Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing exposure to fraud and
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VRIO ANALYSIS Barney and Hesterly (2006)‚ describe the VRIO framework as a good tool to examine the internal environment of a firm. They state that VRIO “stands for four questions one must ask about a resource or capability to determine its competitive potential: 1. The Question of Value: Does a resource enable a firm to exploit an environmental opportunity‚ and/or neutralize an environmental threat? 2. The Question of Rarity: Is a resource currently controlled by only a
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HIV/AIDS – An International Concern November 16th 2009 Abbreviations and acronyms AIDS : Acquired Immunodeficiency Syndrome ARV : Antiretroviral (drug) CDC : Centers for Disease Control G8 : Group of Eight GFATM : The Global Fund to Fight AIDS‚ Tuberculosis and Malaria HIV : Human Immunodeficiency Virus NGO : Nongovernmental Organization TERG : Technical Evaluation and Reference Group UN : United Nations UNAIDS : Joint United Nations Program on HIV and AIDS UNESCO : United
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References: "Advantages and Disadvantages of Using Incrementalism in Public Budget Preparation." Thinking Made Easy. Web. 17 July 2011. . "Advantages and Disadvantages of Using Incrementalism in Public Budget Preparation." Thinking Made Easy. Web. 17 July 2011. . Douthat‚ Ross. “The Advantages of Incrementalism. “NY Times: Opinion Page. New York Times‚ 21 Jan. 2010. Web. 17 July 2011
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Resource Based View - VRIO Analysis 1. Tangible Resources a) Financial Resources: * Firm’s cash and cash equivalents- The total cash and cash equivalents of the firm stood at around Rs. 271.5 Crores in the year ended March 2009 (before merger with Kraft). Liquidity is important for a business to factor in for unforeseeable events. The ideal cash reserve requirement can be calculated by taking into account and listing possible unfavorable events and assigning probabilities to them
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Financial Performance The table below shows that the analysis of financial ratios. Types of Ratio Sub Ratio Perbadanan Kemajuan Negeri Kedah (PKNK) Syarikat Air Darul Aman (SADA) Liquidity Ratio Current Ratio 2.19 times - Quick Ratio 2.04 times - Cash Ratio 0.343 times - Efficiency Ratio Working Capital RM 189‚278‚871 RM 120‚434‚000 Inventory Turnover 1.3 times - Total Assets Turnover 0.078 times - Profitability Profit Margin 36.8% 7.94% Operating Margin 45
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PRIVATE SECTOR VS PUBLIC SECTOR ACCOUNTING STANDARD 1. INTRODUCTION The global financial crisis has demonstrated that the public sector as well as the private sector needs the highest quality accounting standards. Around the world‚ accounting in the public sector is practiced in diverse ways and struggles to achieve comparable standard in accountability and transparency. The Securities Act of 1933 gave the commission the authority to prescribe accounting standards to be followed by the companies
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I will explain the link and differences between the VRIO-framework and the SWOT-model. Before I will explain this‚ I will first give you an insight in the meaning of these two models. SWOT-model: [pic] A SWOT Analysis is a strategic planning tool used to evaluate the Strengths‚ Weaknesses‚ Opportunities‚ and Threats involved in a project or in a business venture. Strengths and weaknesses are internal to an organization. Opportunities and threats originate from outside the organization. A SWOT
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DEPARTMENT OF BUSINESS ADMINISTRATION ASSAM UNIVERSITY Assignment on International Marketing (CP-3204) TOPIC-PUBLIC SECTOR TRADING AGENCIES Submitted to: Prof. H. Ramananda Singh. DBA‚ Assam University Silchar Submitted by: Mou Roy
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GOVT 2051 Human Resources and Industrial Relations in the Public Sector INTRODUCTION ……………………………………………………………………... LITERATURE REVIEW ………………………………………………………………. TRADITIONAL IR SYSTEM INCLUDING DISCUSSION OF THE TRADITIONAL PUBLIC SECTOR MODEL ………………………………………… ANALYSIS AND FINDINGS …………………………………………………………. RECOMMENDATIONS ………………………………………………………………. CONCLUSION …………………………………………………………………………. INTRODUCTION Industrial relations is concerned with the relationship
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