ON ³WORKING CAPITAL MANAGEMENT OF OIL AND NATURAL GAS CORPORATION (ONGC)´ PROJECT REPORT SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE AWARD OF THE DEGREE OF MASTERS IN MANAGEMENT STUDIES MUMBAI UNIVERSITY Submitted By ANKUR JAIN (MMS- Finance) MET¶s INSTITUTE OF MANAGEMENT MET COMPLEX‚ BANDRA RECLAMATION‚ BANDRA(W) MUMBAI-400050 Page | 1 CONTENTS Student¶s declaration Acknowledgement Executive Summary Company profile Methodology used Concept of working capital
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1.1 WORKING CAPITAL CONCEPTS Business activity Business activity is dynamic in character and subject to wide fluxions. The movement from working capital to income and profits and back to working capital is one of the most important characteristics of business administration. This operation is concerned with the deployment of funds with the hope that they will generate returns‚ rendering an additional amount called profit. If the operations of an enterprise are to run smoothly‚ proper relation
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features of effective partnership working are to ensure there is good communication between all parties that ensure a high standard of care is delivered to the individual involved at all times. It ensures each party is covering all area’s and that all needs are met and that all partys have a good knowledge of who is delivering what to the individual and the contacts they have if other issues may arise and the access they have to these. 1.2 Partnership working with colleaugues is extremely important
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many classes there exist‚ based on what attributes are people of British society divided into those classes or even‚ what class is as such. All these themes are encompassed in the thesis title: The Depiction of Working Class in the United Kingdom in Two Selected Films. Concretely‚ working class attributes such as occupation‚ accent‚ housing‚ education and leisure were chosen for the purpose of the thesis. As it was mentioned‚ these attributes are compared and analysed
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Back ground of Study Working Capital refers to that part of the firm’s capital‚ which is required for financing short-term or current assets such a cash marketable securities‚ debtors and inventories. Funds thus‚ invested in current assets keep revolving fast and are constantly converted into cash and this cash flow out again in exchange for other current assets. Working Capital is also known as revolving or circulating capital or short-term capital. Therefore‚ working capital management is the
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Financing Working Capital The financing of working capital is of utmost important. What portion of current assets should be financed by current liabilities? What portion should be financed by long-term resources? Decisions on these questions will determine the financing mix. Approaches to financing mix: There are 3 basic approaches to determine an appropriate financing mix. They are a. Hedging or Matching approach. b. Conservative approach. c. Trade-off between the above two
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Benefits of working in a Team What is a team? A team is a formal work group consisting of people who work together intensely to achieve a common goal which would be us Team B….Sophee‚ mike‚ carolyn‚ Adrea and myself Sharing of knowledge When you have a group people you are going to find that everyone in the group has unique skills and talents. Everyone comes from a different walk of life and can contribute something different to the group‚ May it be study habits‚ note taking‚ public speaking
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Life was hard for a lot of people in the progressive era for workers. Employers would pay a lot of the workers a very little amount of money. For instance if you were a female and worked in the shirtwaist factory‚ you were paid $2 a day. If you messed up your boss would take it out of your pay. Also the material you used was bought with your money so you would really be getting $1.50 instead of $2. If you worked in the shirtwaist factory there was one way in and out of the building to make sure you
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Integrated services and multi-agency working It’s self-evident that people not talking to each other is counterproductive. And‚ in the world of children’s services‚ it’s been said many times (and ought to be again‚ lest we forget): not talking to each other sometimes leads to disastrous consequences‚ of which little Victoria Climbie’s death will forever be a sad example. So‚ the multi-agency approach to supporting children‚ young people and families with extra help‚ early‚ makes perfect sense
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LEARNING OBJECTIVES: My task was to look after the Southern European and Emerging Markets and organise and book familiarization trips for them. I was looking after and managing the budget allocated for the fam trips as well I had to make sure that the experience delivered to those tour operators was matching every specific market expectations. It was also down to me to match the appropriate Scottish suppliers with the right delegates (I had to extensively got to know the companies’ profiles to know
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