...destinations to friends and families members and we will do a promotion on the media and the destinations will be well known around the country, yet to around the world. The parties also have to look about the population on the area so when they are building a destination on an area or land, they not interfere and not troublesome peoples and surrounding near of the destinations. • The parties also have to make a study preparation on a legal issues. They have to submit their plan of the building of the destinations to government sectors like in Malaysia, Kerajaan Persekutuan, Majlis Perbandaran dan Perancangan Bandar and Jabatan Ukur dan Pemetaan. They have to present about their plan structure of the destination and the legal sectors will look after for a certain aspects before giving an approval and license for doing a development on a ceratin area. • For building a destination in a rural area, the parties have to get a recognition from a certain government sectors like from a district Council (Majlis Daerah)...
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...University August 2010 Introduction In many ways, any discussion of prison privatization strikes at the heart of the fundamental goals and purposes of prison and punishment. The discussion elevates such themes as the role of the private sector in administering punishment, the importance of metrics to evaluate and compare how well the privately and publicly operated prisons provide services, the structure and form of oversight and accountability to insure punishment is just and fair, and the measurement of cost and efficiency. To be sure, many of these issues are crucial even in the absence of a privatization debate. However, because there are impassioned proponents and opponents on both sides of the issue, the prison privatization literature has provoked both earnest debate and fractious polemic. One might expect that the importance of this topic would have elevated prison privatization research and encouraged the funding of large scale studies. In fact, there are very few studies comparing privately and publicly operated facilities. Segal and Moore (2002) identified about 23 U.S. cost comparison studies and fewer quality studies. Many of those studies were of questionable value. The most recent review, a meta-analysis by Lundahl et. al. (2009) only identified 12 studies of cost and quality meeting their criteria for sound methodology. Even with this limited set of privatization studies, different reviewers have come to opposing conclusions about what the research...
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...Bajaj Auto Ltd Situational Analysis: Indian economy has undergone tremendous changes during the 1980’s and 1990’s. The Indian industrial sector was protected from the international competition by the government of India during the 1980’s. During the 1990’s the economic crisis forced the Indian government to open up the Indian economy. With the opening of the Indian economy the competition for the industrial sector especially the automobile sector was severely hit. Now even the foreign brand automotives could compete in the domestic market without any tariff barriers or any other interventions. This meant that the local industries had to compete with the international brands without any kind of protection. Bajaj Auto Limited (BAL) found that its domestic market declined by 5% in the year 1991-1992. Bajaj had set a goal to protect its dominance in the Indian market and increase its exports to 15% of total sales by 1998. In the domestic market it was facing a stiff competition from Hero Honda and Kinetic Honda. The main problems of the BAL lied in its improper inventory management, higher average cycle time for launching a new product, not very advanced R&D facilities. To overcome these shortcomings the company did modernize itself but it was important for the company to sustain the tough competition. Problem Statement: It was necessary for the company to reinvent itself to sustain competition. The sales have been falling drastically and to make things worse its experience...
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...and industrial sectors in order to ensure growth and development. The economy has one of the highest Gross Domestic Product (GDP) per capita worldwide. Thus, this allows many people from different parts of the world entering and investing in the economy and also gives them the opportunity to leave whenever they feel like without engaging in various formalities. The country can also be viewed as one that has a liberal market philosophy and which comprises small amounts of corruption in most of the public sectors. Capitalism refers to a system of raising, spending and conserving a given set of monetary value in a given market. Under this economic system, there are three key markets that are the money or financial market, the labor market and the product market. Labor providers are paid wages and salaries depending on the nature of employment. They make products that are sold by the firms, companies and corporations to the consumers. Money market is involved in both the supply and demand for money. Money supply is mostly undertaken by the central banks of various countries while demand is determined by the speculative transaction and precautionary motives respectively. The money market operates through various institutions like the banks, stock exchanges and credit-unions among others. These institutions facilitate the transfer of funds and their availability for investment and trading activities. These institutions focus on the macroeconomic analysis which aims at...
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...involves discussing the status of the industry with leading industry participants and experts, and compiling inputs from publicly available sources, including official publications and research reports. The Expert Opinion Consensus Methodology has been used for the report. Quantitative market information is based primarily on such interviews and desk-based secondary research; therefore, making it subject to fluctuation. Frost & Sullivan has taken all reasonable care to insure that the information contained in this report is, to the best of its knowledge, in accordance with the facts and contains no omission likely to affect its import. In making any decision regarding the transaction, the recipient should conduct its own investigation and analysis of all facts and information contained in the prospectus of which this report is a part and the recipient must rely on its own examination and the terms of the transaction, as and when discussed. The recipient should not construe any of the contents in this report as advice relating to business, financial, legal, taxation or investment matters and are advised to consult their own business, financial, legal, taxation, and other advisors concerning the transaction. This Frost & Sullivan report is prepared for our client’s internal use, submission and sharing with the relevant parties as well as for inclusion in the prospectus. For information regarding permission, write to: Frost & Sullivan 210, EIB-4 BT Building Dubai Internet City Dubai...
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...Family Tourism in Bangladesh * Introduction: Family tourism is a common concept in Bangladesh. In Bangladesh this tourism sector needs to be improved in order to progress our economic condition. The challenge is to find a marketing approach to apply the concept successfully in the tourism industry of Bangladesh. The constraints of the concept should be reduced to successfully achieve the objective of family tourism in Bangladesh. Through the limited secondary data, and qualitative analysis we are trying to find out the prospect of it in Bangladesh. Tourism is a leisure activity which involves a discretional use of time and money and recreation is often the main purpose for participation in tourism (Ghosh, 2001). Tourism is emerged from the movement of people to and their stay in various destinations. There are two basic elements in tourism, such as the journey to the destination and the stay. In short, tourism means the business of providing information, transportation, accommodation and other services to travelers (Ghosh, 2001). Tourism may be broadly divided into domestic tourism and international tourism. In domestic tourism, people move within their own country whereas in international tourism, the barriers exist in travelling destinations beyond national boundaries ((Zulfikar, 1998). In tourism, tourist acts as the key player in this system. The term tourist is defined as who goes on holiday to visit places away from his home. Foreign tourist is a person who visits...
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...THE UNIVERSITY OF THE WEST INDIES (CAVE HILL) CAMPUS FACULTY OF SOCIAL SCIENCES DEPARTMENT OF ECONOMICS FINA3010 – SUPERVISED RESEARCH PROJECT How Has The International Monetary Fund Impacted the Caribbean Business Environment? Student Name: William Franklyn April 1st, 2014 ID#:407002804 Professor: Mr. Wilberne Persuad Contents Introduction: 3 Literature Review: 4 Background: 4 Further look at the IMF: 4 The World Bank: 5 Loans facilities offered by the IMF: 5 Definition of Caribbean Business Environment (The Small Open Economy Model): 6 Characteristics of the Caribbean Business Environment: 6 Definition of a Financial Crisis: 7 What causes a Financial Crisis to occur? 8 Conclusion: 9 Descriptive analysis 10 Methodology 15 Conclusion 16 Social Instability: 16 Further look at the impact of the IMF’s procedures/objectives: 16 Potential Threat 17 Policy Responses: 18 Internally: 18 Externally: 18 Bibliography: 20 Introduction: This research paper aims to analyze the process of The International Monetary Fund in Barbados and how the country was affected by their guidelines. Barbados has been said to be one of the developing countries within the Caribbean Business Environment. However due to external shocks as well as weak domestic policies, Barbados was forced to ask the IMF for their aid as a last option, to stabilize the country’s economy. This research paper intends to highlight...
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...Comprehensive Report “Planning Analysis and Tools in Plan Implementation” Reported and Submitted by: HRA-302 March 8, 2011 INTRODUCTION Tourism activity is becoming more competitive, more extensive, more complicated, and more demanding of host communities and their culture and environment. In order for the tourism enterprise in any destination area to respond positively to these challenges, it is necessary for planning. In general, terms, planning refers to means and methods in making decisions about the future. Planning not only guides actions to be taken in the future but also helps in problem solving. For a certain destination to promote and develop, it entails much time and effort in relation to planning. As we all know in the industry that we must always build something new to attract and delight prospect guest. The planning for various tourism facilities, it must be based on the needs of the guest. From the start of the planning, we must establish clear and achievable objectives so plan takes place. Before plan will be implement, it should undergo series of analysis considering wide range of issues and aspect. It is the aim of this report to have a broader approach in relation to planning. In doing so this report explores the planning analysis and aspect/issues involves such as: product analysis, market analysis, determining needs and opportunity analysis. Other major issues are also included about analysis such as asset evaluation, development...
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...PUBLIC SECTOR: Public sector is an organization which is owned by public authorities including central state or local authorities to an extend of 50% or more. The public sector is that portion of society controlled by national, state or provincial, and local governments. The public sector overlaps with the private sector in producing or providing certain goods and services. The extent of this overlap varies from country to country, state to state, province to province, and city to city. This overlap is most often seen in waste management, water management, health care, security services, and shelters for homeless and abused people. ROLE OF PUBLIC SECTOR IN INDIA: The public sector has been playing a vital role in the economic development of the country. In fact the public sector has come to occupy such an important place in our economy that on its effective performance depends largely the achievement of the country's economic n social goals. Public sector is considered a powerful engine of economic development and an important instrument of self-reliance. The main contributions of public enterprises to the country's economy may be described as follows: * Employment: Public sector has created millions of jobs to tackle the unemployment problem in the country. Public sector accounts for about two-thirds of the total employment in the organised industrial sector in India. By taking over many sick units, the public sector has protected the employment of millions. Public sector...
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...to get the knowledge and fulfill the basic requirement to complete the course titled as “Economic Conditions Analysis”. b. Background of the study: Economics is a sea of theories. These theories are the stairway to lift us to a stage from where we can get the entire idea of its different sectors. “Economic Conditions Analysis” is basically theory related course in addition to a mixing of practical incidents to compare theories and its applications. Obtaining theoretical knowledge is only a halfway to reach the target because implementation of theories is the ultimate goal of it. Being a very practical course “Economic Conditions Analysis” requires a large extent of implementation of its theories and procedures in the real life. To meet up this requirement I have prepared the report titled “Investment climate in Bangladesh”. c. Objectives: 1. Broad Objective: The broad objective is to examine investment climate in Bangladesh over years and what should be done for better performance in the upcoming years. 2. Specific Objectives: The specific objectives of preparing the report are as follows: i. To present historical data regarding industrial policy, obstacles to implement and what should be done to create proper investment climate in Bangladesh. ii. To meet up the requirement of “Economic Conditions Analysis” course. iii. To get familiar with the...
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...for the product (Getzen, 2007). Current issues such as health care and the effects on the economy are subjects that could be assessed through economic tools and concepts. The United States of America spends billions on the health care industry. This has proven to cause a negative effect on the United States economy, for example, this has brought about inflation and unemployment and definitely not suitable for economic growth and development. These negative aspects affect sectors of the economy households, corporate markets, and the government, and an essential role in the financing and funding the United States health care system. The local and federal government collects taxes from individuals and corporations to provide funds for the health insurance programs. Corporations offer employment and issue health insurance to their employees but many individuals viewed as the final consumer incurs some health care costs. The effects of health care expenditure on one sector may affect other interrelated sectors (U.S. Department of Health and Human Services. 2005). Competitors The competition in a particular market arena increases if an existing laboratory chooses to...
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...Several government officials, agro-processors, farming entrepreneurs and other stakeholders in the agriculture sector converged on the premises of the Fond Assau Agro-Processing Plant in Babonneau for its formal opening on Tuesday, September 6th, 2011. This modern facility was co-funded by the Republic of China on Taiwan and the Government of Saint Lucia at approximately Two Million EC Dollars (EC$2 million). The Taiwanese Government supported the refurbishment or modernization of the existing SLBC facility at the cost of EC$1.5 million and the land had been purchased by the government from the defunct St. Lucia Banana Corporation (SLBC) for approximately EC$280,000. The lively proceedings were led by Permanent Secretary in the Ministry of Agriculture, Lands, Fisheries and Forestry, Hubert Emmanuel, who served as Master of Ceremonies (MC). Deputy Permanent Secretary, Mrs. Sonia Monrose delivered welcome remarks to an expectant audience. She noted that agro-processing serves to enhance food security; while improving the value chain by transforming primary agricultural produce making them ready-vacuum-packed for our busy housewives, house-husbands, restaurants, hotels, motels, supermarkets and other retail outlets throughout Saint Lucia.The Chairman of the Saint Lucia Marketing Board (SLMB), Mr. Stephen Best, pointed out that the Fond Assau Agro-Processing Centre, is a momentous occasion reflecting the foresight and vision of the Minister of Agriculture, Ezechiel Joseph; and...
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...public sector projects in Hong Kong Li-Yin Shen a a,* , Andrew Platten b, X.P. Deng c Department of Building and Real Estate, The Hong Kong Polytechnic University, Hung Hom, Kowloon, Hong Kong b Elevate East Lancashire, Accrington, England, UK c School of Civil Engineering, South East University, PR China Abstract The clients of public sector works have an obligation to ensure that the large scale investment in public works is effective and can achieve improvement in social and economic performance. However, construction activity is usually subject to more risk than other business activities because of its complexity particularly in coordinating a wide range of disparate and interrelated skills and activities. This complexity is further compounded in implementing public sector projects where multiple project objectives are expected by a wide range of stakeholders who have different interests associated with the projects. With reference to current practice in Hong Kong, this paper examines the major risks in implementing public sector works, and the ways that the application of public private partnership (PPP) can help to manage risks in project delivery. The example of Hong Kong Disneyland (KDLD) demonstrates how various major risks in committing to a PPP project are allocated and shared effectively between public and private partners. In this typical PPP project, it is found that allocation of site acquisition risk and legal and policy risks to the public sector is...
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...TRAINING” PROJECT REPORT ON COMPARATIVE STUDY BETWEEN PRIVATE SECTOR BANKS ANP PUBLIC SECTOR BANKS Submitted To: PUNJAB TECHNICAL UNIVERSITY,JALANDHAR MASTER OF BUSINESS ADMINISTRATION(MBA) SESSION(2007-09) CT INSTITUTE OF ENGINEERING,MANAGEMENT & TECHNOLOGY,JALANDHAR (SHAHPUR CHAMPUS) PREFACE Someone has rightly said that practical experience is for better and closer to the real world then mere theoretical exposure. The practical experience helps the students view the real world closely, which in turn widely influences their perceptions and argument their understanding of the real situation. Research work constitutes the backbone of any management education programme. A management student has to do research work quite frequently during his entire span. The research work entitle “COMPARATIVE STUDY BETWEEN PRIVATE SECTOR BANKS AND PUBLIC SECTOR BANKS” aims to analyze various services provided by private sector banks and public sector banks for this purpose Pathankot city have been chosen. ACKNOWLEDGEMENT I feel immense pleasure to give the credit of my summer training project work not only to one individual effort of all those who concern with it. I want to thanks to all those individual who guided me to move on the track. The summer training project entitled “COMPARATIVE STUDY BETWEEN PRIVATE SECTOR AND PUBLIC SECTOR BANKS” I am gratefully indebted to Mr. Davinder Singh for providing...
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...Care Businesses Overview Previous sections of this guide provide investors with tools for analyzing health-sector investment opportunities. This section deepens investor’s knowledge of the sector by presenting key elements of different types of health care businesses, including hospitals, clinics, laboratory and diagnostic facilities, pharmaceutical retailers and distributors, and medical education and training institutes. Each is characterized by distinct factors to consider when appraising credit and investment worthiness. A discussion follows of success factors and common mistakes that investors see in financing requests from each of these types of businesses. The box on this page describes one banker’s experience with health-sector borrowers in Uganda. Hospitals Key Elements for Analysis: Typically private hospitals earn revenue from inpatient and outpatient services, surgical procedures, diagnostic testing (laboratory and radiology), and drug sales. The number of beds defines the inpatient capacity, and bed occupancy rate and average length of stay are key metrics for determining inpatient numbers (a key revenue driver). Similarly, outpatient numbers and consultation fees drive outpatient revenue. Key profit centers are usually surgical procedures, diagnostic tests, and drug sales, rather than room rates and consultation fees. Because of the equipment and facility requirements, hospitals are generally much more capital intensive than clinics and need to replace and modernize...
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