...suffer from obsolescence, deterioration and shrinkage. It can also add to administrative complexity. In recent years attention in manufacturing industry has concentrated on an ‘inventory is waste’ philosophy using JIT production, usually accompanied by visible ‘pull’ or consumer demand driven systems. The approach is also very effective in supermarket retailing and, at its best, provides very high stock turn and high profits to the company at the same time as providing good service and fresh items to customers at low cost, Current changes in inventory management consider the total logistics chain under the term logistics management, place a greater emphasis on purchasing rather than producing in-house and use more international sourcing. Changes to recording methods include the use of different methods of information collection and processing, e.g. bar coding in retailing and manufacture and electronic exchange of information. Control methods are more computer based and are becoming part of increasingly integrated systems. There are some obvious problems still to be solved. Procedures are needed to bring one-off analyses of...
Words: 4966 - Pages: 20
...WHAT IS A HEDGE FUND? 1 WHAT GENERIC HEDGE FUND HAS SIMILAR LEVERAGE CHARACTERISTICS TO BANKS? 2 DO ALL HEDGE FUNDS HAVE A SIMILAR RISK PROFILE? IF NOT DESCRIBE THE TYPE OF RISK FACING EACH MAIN TYPE OF HEDGE FUND 3 More Risky 3 Moderate Risk 3 Risk-Avoidance 3 WHAT FINANCIAL RISKS LED TO FAILURE OF LONG-TERM CAPITAL MANAGEMENT (LTCM)? 4 WHY DID THE FEDERAL RESERVE OPT NOT TO SUPPORT LONG-TERM CAPITAL MANAGEMENT FINANCIALLY? 5 WHAT WERE THE ARGUMENTS IN FAVOUR AND AGAINST THE RESCUE OF LONG-TERM CAPITAL MANAGEMENT? 6 Arguments for the rescue of LTCM: 6 Arguments against the rescue of LTCM: 6 WHAT TYPE OF FINANCIAL INVESTOR WAS DIRECTLY AFFECTED? WHAT WAS THE POTENTIAL INDIRECT EFFECT OF THIS CATEGORY INVESTOR FAILURE? 7 DOES THE RESCUE OF INSTITUTIONS LABELLED “TOO BIG TO FAIL” 9 Strengthen the long term stability of financial services sector? If so, how? 9 Encourage excessive risk taking in the knowledge of an implicit “safety net”? If so, explain why 9 WAS THIS A CASE OF CRONY CAPITALISM? 10 REFERENCES: 11 WHAT ARE HEDGE FUNDS? Hedge funds are private investment funds that aim to make profits for their shareholders by trading securities. Hedge fund utilises a variety of financial instruments to reduce risks, enhance returns and minimise the correlation with equity and bond markets. They are flexible in their investment options and can use short selling, leverage, derivatives and arbitrage. Hedge funds are defined by their freedom from regulatory...
Words: 2410 - Pages: 10
...date information. 4. Reminders * You will only be able to enter your online Final Exam one time. * Click the Save Answers button often. * If you lose your Internet connection during your Final Exam, logon again and try to access your Final Exam. If you are unable to enter the Final Exam, first contact the Help Desk and then your instructor. * You will always be able to see the time remaining in the Final Exam at the top right of the page. 5. Assessments with Multiple Pages * Make sure you click the Save Answers button before advancing to the next page (we also suggest clicking on Save Answers while you are working). * Complete all of the pages before submitting your Final Exam for instructor review. * Do NOT use your browser's Back and Forward...
Words: 1634 - Pages: 7
...TRIBALISM IN POLITICAL DEVELOPMENT IN KENYA 11 CONCLUSION 13 RECOMMENDATIONS 13 BIBLIOGRAPHY 14 ABSTRACT This report discusses extensively the impact of tribalism on social, economic and political development in Kenya. This has been done by objectively looking at the challenges that these important sectors are facing as a result of the negative ethnicity or tribalism that Kenya is notorious for. In order to put into perspective and to qualify the ideas expressed in this report many historical and contemporary examples have been presented. The report also contains recommendations made by the group with regards to what needs to be done to overcome this problem. INTRODUCTION A tribe is a group of individuals who possess a common ancestry, language, culture and sometimes-geographical area. Kenya boasts of 42 indigenous tribes spread across the country. Tribalism is the selfish use of this commonness to deny or dispossess others who are not of the same tribe of their rights and access to opportunities and resources in society. It is the act of favouring those from one’s tribe be it in social, public or economic decisions and discriminating against all others solely on the basis of their ethnic identity. In African societies today, tribalism has been elevated to dominate national discourse, controls how people think and talk, and determines what they oppose or support. It is promoted by the political elites, embraced by the young and the old, passed from generation to generation...
Words: 3449 - Pages: 14
...CHAPTER 1 1.0 INTRODUCTION Concern over cost and delays in litigation procedures together with increasing globalization have led to more flexible means of resolving disputes which provide alternatives to court-based litigation governed by the law and procedure of a particular state or country. Disputes are generally an inevitable part of human interaction; they may be domestic, international, civil, commercial or economic in nature. Litigation has been the traditional method of resolving disputes, which may arise as a result of default by a party. Overtime, the process of litigation has become more and more time consuming, expensive and cumbersome and increase in the number of cases in courts have led to congestion and delay in their resolution. Some Disputes are sensitive and confidential in nature and disputants may prefer settlement in private to one in public glare of court. In addition, the complexity of court litigation tends often times towards increase in costs which disputants are naturally anxious to reduce. On the other hand, there may be claims involving small sums, which may not be worth the cost of litigation. All these have led to the development of alternative methods of resolving disputes. 1.2 ALTERNATIVE DISPUTE RESOLUTION METHODS The term “Alternative Dispute Resolution” (ADR), is used generally to describe the methods and procedures used in resolving disputes either as alternatives to the traditional...
Words: 5840 - Pages: 24
...Section I. Introduction Ethical dilemmas in public administration are commonplace. Whenever there are people, money, and power, there is an opportunity for corruption amongst public administrators. One of my favorite movie scenes comes from Tom Cruise’s The Last Samurai, circa preindustrial Japan. A modern western corporation is vying for the regimes favor through a seedy relationship with the emperor’s chief of staff, Omura. The corporation presents the regime with an opportunity to build cross-country railroad systems and supply advanced technologies to the Japanese monarchic. The 1800’s traditional, agricultural centered populace is wary and suspicious of the western industrial corporation emissaries causing public conflict and discord. There is a war between the traditional samurai and the monarchs’ army because of the imposing changes. The technologically advanced army, using machine guns and cannons, slaughters the sword carrying samurai in battle. In the final scene only one samurai remains. Wounded and limping, he comes before Emperor Meiji to expose the truth behind the “sweat deal” with the western corporation. He informs the emperor that his trusted aide was secretly paid money to lie and sway approval for the corporation’s goals. Emperor Mejia angrily glares at Omura. The following passage occurs: Logan (2003) writes in the script as follows: Emperor Meiji: For what wealth have you caused great conflict and strife to my people. Omura, you have done quite enough...
Words: 2204 - Pages: 9
...Letter of Transmittal Sep. 1, 08 Ms. ............... Lecturer Department of BBA Stamford University Bangladesh Madam, We are very glad to inform you that we are going to submit the study report titled "Management Practices in Business Organizations" based on the management practices in Taj King Industries (Pvt.) Ltd a reputed melamine wares manufacturer & exporter In this study report, we have tried to include all the factors we thought essential for previously mentioned title. We have analyzed the factors based on managerial theories & managerial key functions with the proposed options & the events though few things might be omitted due to our limited knowledge & access of information. We are always prepared to provide any kind of information or documents to you on your demand. We will be very grateful if our limited effort is able to draw your kind attention. We expect that you will be kind enough to help us by detecting faults containing in this study report. Your valuable advice will encourage us further. Thanking you Arifur Rahman Md. Al-Amin Tamal Rahan Turzo Rizwana Chowdhury Md. Saidul Mursalin Saber-Al-Mamun Prelude: The name of Taj is entwined with the glory of-the Taj's product. A man gifted with an inherent entrepreneurial sense, Mr. Ataur Rahman started a trading house in 1973, which continued to expand in scope and nature as time went along. In 2000, Taj went into production of melamine-ware. The success was immediate as there...
Words: 6275 - Pages: 26
...2011 * Dr Patrick Xavier BEc (Hons), M.A., M.Ec, PhD is Director of Info-Comm Strategies and Adjunct Professor of Economics, Curtin Business School, Curtin University of Technology, Australia. Dr Xavier has published widely and has had extensive experience as a consultant to national and international agencies on regulatory reform in the (tele)communications sector, including the OECD, ITU, World Bank and APEC. He was part of the OECD’s regulatory reform team that visited a range of countries to advise on regulatory reform in major industrialised and emergent economies. He has undertaken work in Hong Kong and in a range of developing countries, including Lao PDR, Romania, Armenia, Vietnam, Pakistan, Pacific Islands, Thailand, Bhutan and China. He can be contacted at: poxavier@gmail.com Disclaimer. The views in this report are those of the author and do not necessarily reflect the views of the ACMA. © BEHAVIOURAL ECONOMICS AND CUSTOMER COMPLAINTS IN COMMUNICATION MARKETS Executive summary 4 1. INTRODUCTION 10 1.1 Purpose of this report 10 1.2 Customer complaints in the telecommunications sector 11 1.3 Structure of report 16 2. INSIGHTS FROM BEHAVIOURAL ECONOMICS 17 2.1 Behavioural economics and behavioural ‘bias’ 17 2.2 Some criticisms of behavioural economics 23 2.3 Policy and regulatory implications of behavioural economics 24 3. DEMAND SIDE FOCUS 28 3.1 Information...
Words: 24011 - Pages: 97
...choose and refine the technologies employed in a new product, process, or service - is the key to achieving superior productivity and speed, and superior products. Access to great research is still immensely important, but if a company selects technologies that don't work well together, it can end up with a product that is hard to manufacture, is late getting to market, and does not fulfill its envisioned purpose. Technology integration has become much more important - and challenging - for obvious reasons. The number of technologies from which companies can choose has burgeoned. Both the breadth of technologies in a product or process and the potential sources of those technologies have increased considerably. Product life cycles have shortened dramatically, forcing companies to develop and commercialize new technologies faster than ever. As a result, the advantage now often goes to the companies most adept at choosing among the vast array of technologies and not necessarily to companies that create them. A radical change in the approach of U.S. companies to technology integration helps explain the resurgence of the U.S. electronics industry in the 1990s. But one size does not fit all. Indeed, an approach that works well in one country may not be the best for another. To be effective, an approach must suit the local culture and conditions. The Millennium marks a watershed. After 2000, companies will not survive long unless they join a threefold revolution - in management itself...
Words: 2317 - Pages: 10
...Kuldeep Changia | Issues in Indian Industry | March 9, 2015 Kuldeep Changia | Issues in Indian Industry | March 9, 2015 Perspectives on Industrial Stagnation in India (1940-70) Perspectives on Industrial Stagnation in India (1940-70) Abstract The paper seeks to analyse the factors causing the stagnation in the industrial sector in India after having relatively rapid industrialization post-independence period. This debate marked contrast to the relative consensus that prevailed in the professional economic circles in the sixties, attracted a great deal of scholarly attention to India. This paper seeks to analyze that lack of aggregate demand and inequality in income distribution as the possible reasons for the same also mentioning the other possible reasons and their respective criticisms. Contents Abstract 1 Introduction 2 Trends in Industrial Stagnation 3 Income Distribution and Demand Factor 5 Alternative views; Critiques and Conclusion 7 References 8 Introduction Post the independence period, the industrial sector in India saw a quadrupled growth in production and a marked diversification in structure and range of products produced. However, during the period 1950-75, the output saw varied growth levels, with 7.7% output growth in 1951-65 to 3.6% growth during 1965-75 (Nayyar, 1978). India had all the pre-requisite conditions of high growth in industrial sector; a large domestic market and resource base, a well-developed and large cadre of scientific...
Words: 3138 - Pages: 13
... May 2011 * Dr Patrick Xavier BEc (Hons), M.A., M.Ec, PhD is Director of Info-Comm Strategies and Adjunct Professor of Economics, Curtin Business School, Curtin University of Technology, Australia. Dr Xavier has published widely and has had extensive experience as a consultant to national and international agencies on regulatory reform in the (tele)communications sector, including the OECD, ITU, World Bank and APEC. He was part of the OECD’s regulatory reform team that visited a range of countries to advise on regulatory reform in major industrialised and emergent economies. He has undertaken work in Hong Kong and in a range of developing countries, including Lao PDR, Romania, Armenia, Vietnam, Pakistan, Pacific Islands, Thailand, Bhutan and China. He can be contacted at: poxavier@gmail.com Disclaimer. The views in this report are those of the author and do not necessarily reflect the views of the ACMA. © BEHAVIOURAL ECONOMICS AND CUSTOMER COMPLAINTS IN COMMUNICATION MARKETS Executive summary 4 1. INTRODUCTION 10 1.1 Purpose of this report 10 1.2 Customer complaints in the telecommunications sector 11 1.3 Structure of report 16 2. INSIGHTS FROM BEHAVIOURAL ECONOMICS 17 2.1 Behavioural economics and behavioural ‘bias’ 17 2.2 Some criticisms of behavioural economics 23 2.3 Policy and regulatory implications of behavioural economics 24 3. DEMAND SIDE FOCUS 28 3.1 Information and consumer empowerment...
Words: 53188 - Pages: 213
...Is America’s opposition to the ICC an unjustifiable justification? Mohamed Kunowah Kiellow From the early nineties up to the present day, international criminal law has made major developments ‘unknown since Nuremberg Tribunal’: norms have been changed, refined or even expanded. Moreover, after the Cold War, institutions have been established and norm-creating judgements passed both domestically and internationally. The setting up of the Yugoslavia and Rwanda Tribunals is an example of such international institutions created. The Pinochet decision is an example of such norm-creating judgements. The adoption of the Rome Statute International Criminal Court, which came into force on 1 July 2002, crystallised all these developments. This day will be a red-letter day in the history of international criminal law. On this day, a permanent international criminal court came into existence. This Court has enjoyed broad and enthusiastic support from governments and non-governmental organisations around the globe. However, not all states were happy about all provisions in the Rome Statute. One major country which refused to ratify this milestone treaty is America; an opposition which many termed as a blow dealt to the effectiveness of the Court. America sees itself as the sole remaining world super power which should be involved in promoting peace all around the world. It is of the conviction that its involvement in peace keeping processes is highly needed if they are to succeed....
Words: 4516 - Pages: 19
...A PROJECT REPROT ON MUTUAL FUNDS IN INDIA EXECUTIVE SUMMARY In few years Mutual Fund has emerged as a tool for ensuring one’s financial well being. Mutual Funds have not only contributed to the India growth story but have also helped families tap into the success of Indian Industry. As information and awareness is rising more and more people are enjoying the benefits of investing in mutual funds. The main reason the number of retail mutual fund investors remains small is that nine in ten people with incomes in India do not know that mutual funds exist. But once people are aware of mutual fund investment opportunities, the number who decide to invest in mutual funds increases to as many as one in five people. The trick for converting a person with no knowledge of mutual funds to a new Mutual Fund customer is to understand which of the potential investors are more likely to buy mutual funds and to use the right arguments in the sales process that customers will accept as important and relevant to their decision. This Project gave me a great learning experience and at the same time it gave me enough scope to implement my analytical ability. The analysis and advice presented in this Project Report is based on market research on the saving and investment practices of the investors and preferences of the investors for investment in Mutual Funds. This Report will help to know about the investors’ Preferences in Mutual Fund means Are they prefer any particular Asset Management Company...
Words: 18964 - Pages: 76
...Bonde, A. (2010). How to Make Social Media Work for Your Business. Enterprise Innovation, 32-33. Allen Bonde is co-founder and Chief Marketing Officer of Offerpo, a new social marketing apps company, and Managing Director of Evoke CRM, his consultancy. How can you make social media work for your business? Social networking and other forums like it give the “biggest bang for your buck as far as measurable benefit. “A strategy should begin with an assessment of business goals…… and customer needs.” Social CRM should be phased in and not just jumped into lightly. 10 steps for creating a social networking business strategy: Create a mission statement, assign owners, outline employee policies, identify existing communities, create a marketing plan, develop individual channel strategies, develop community strategies and programs, develop your platform strategy, create a social business dashboard and publish an action plan. Brandel, M. (2010, July 12). Are You Listening? Computerworld, pp. 12-15. Mary Brandel is a contributing writer for Computerworld. Now that consumers are sharing their experiences through Twitter, Facebook, YouTube and other outlets at the speed of thought it is quickly becoming an essential piece of any company’s risk management and customer engagement management. IT departments and CIOs should get involved to help combine social media analysis with data from other business silos to gain new knowledge about customers. Companies must figure out how to respond...
Words: 2874 - Pages: 12
...Positions on the Soccer Field There are 11 positions on the soccer field, but they always fall into four broad categories. Even in smaller games, the number of players in each category may change, but by and large, the positions do not. The Goalkeeper The goalkeeper is the only player allowed to use his hands and that can only occur within the confines of the penalty area. There are never more that two goalkeepers on the field at any time — one on each team. The goalkeeper’s uniform is different from the rest of his team’s to make it obvious which player may use his hands. The jersey, often with long sleeves, is colored to clash with the others. And since the 1970s, goalkeepers have worn gloves to both protect their hands and enhance their grip on the ball. Some of the best goalkeepers in the world are Gianluigi Buffon of Italy and Iker Casillas of Spain. The Defenders A defender’s primary duty is to win back the ball from the opposition and prevent them from scoring. Teams play with anywhere from three to five at the back and each member of the defense tends to have a different, yet equally important duty. The defenders stationed in the center of the back line (known as central defenders or center backs) tend to be some of the taller and stronger members of the team since they so frequently have to win the ball in the air. They go forward very little, except on set pieces, and hold a position of great responsibility. The defenders on the flanks (known as wingbacks...
Words: 12900 - Pages: 52
