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The Impact Of Wearable Activity Devices On The Fitness...
Technology Research Summary Annotated Bibliography "Ace(R) Survey Examines Impact Of Wearable Activity
Devices On The Fitness Industry." NASDAQ OMX 's News Release Distribution Channel 3 Sept. 2015. ProQuest. Web.
23 Sept. 2015 Consumer Electronics Association's research suggests that wearable technology revenues will reach $5.1
billion by the end of this year. ACE surveyed 58,000 health and fitness professionals asking questions about their
response to this new technology trend. 49% of their professionals did not feel knowledgeable enough about wearables
to give customers opinions on device accuracy and motivation capabilities, but 72% were asked questions about
wearables on a regular basis. Besides this lack of knowledge, many of their professionals were concerned with using
wearables because they do not track all exercises, and they could lack accuracy. ¾ of the professionals showed interest
in using wearables with their customers to create challenges and encourage improvements. The article suggests that
better integration of technology could help motivate clients and help trainers track progress even when clients are away
from the gym. Carlton, Lindsay. "Scaling back: 3D fitness tool shows real results and weight loss progress." Fox News.
n.p., 29 Jan. 2015. Web. 22 Sept. 2015. Advancements in scanner technology helps users better track their weight loss
progress. New scanners, like the Fit3D Proscanner, take pictures 360 degrees around a person. Through this
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I Love Reading Essay
Government of India b i n n o v a i c u l t u r w u s i n e s f E N T R E P R E N E UR S H I P m n a d c a t i o n u o n P l
o y m e n t l t h e v i r o n m e n t n a n c e A Study by National Knowledge Commission Entrepreneurship in India
National Knowledge Commission 2008 ©National Knowledge Commission, 2008 This report has been prepared by
Amlanjyoti Goswami, Namita Dalmia and Megha Pradhan with support and guidance from Dr. Ashok Kolaskar and Mr.
Sunil Bahri. Table of Contents Acknowledgements Executive Summary Chapter I Chapter II Chapter III Chapter IV
Chapter V Chapter VI Chapter VII Annexure I : : : : : : : : Introduction: Why Entrepreneurship What Motivates
Entrepreneurship Socio–cultural Factors Access ... Show more content on Helpwriting.net ...
At the heart of the report are the entrepreneurs, who responded with tremendous enthusiasm in sharing their experiences
with the National Knowledge Commission (NKC). The oneon–one interviews with entrepreneurs in Pune, Kolkata,
Chennai, Ahmedabad, Hyderabad
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Cyber Crime As A Key Risk For Regulated Firm
Cyber–crime as a key risk for regulated firm Delegate ID number : 3733017 November 2014 The term cyber–crime
describes criminal activity involving computer and internet in committing a crime. Generally it can be divided to two
manners: It can target the machine itself, where the purpose of crime would be to gain access to important data stored
on the machine, which could be used to obtain gain. It can also use the machine as a tool to commit other type of crime
in more traditional understanding, say distribute child pornography or trade ill–gotten goods. Other division categorises
cyber–crime according to whom it is directed towards: Against person – harassment, identity theft Against property –
merchandise fraud, financial ... Show more content on Helpwriting.net ...
These tools facilitate even those with little skills in the field. Accessibility of resources: In the era of omnipresent
internet, machines provide grounds for committing internet fraud but can also be a channel to commit traditional crime
and provide platform for criminals to support each other and build network. It has been observed that multiple online
marketplaces have emerged through channels such as forums and Internet Relay Chats (IRC). They are meant to cater
the need for hacking tools, malicious software, and stolen data. Less skilled actors can gain the access to guidance and
services helping them extend their skills. Closer look at these marketplaces reveals that they can be used to distribute
and obtain expertise, tools, and even sensitive data of potential victims, such as credit card numbers, bank account
details, and personal identification numbers. The below table illustrates the research on accessibility of resources
offered in Russian hacker fora. Table 1. Resources Number of posts % of total Buy posts % of total Sell posts % of total
Cybercrime services 219 30 39 17.8 180 82.2 ICQ numbers 73 10 9 12.3 64 87.7 Malware and related services 246 34
103 41.9 143 58.1 Other 92 13 22 23.9 70 76.1 Stolen Personal Information 92 13 21 22.8 71 77.2 Total 722 100 194
26.9 528 73.1 Cyber–crime as a threat for stock and security exchange markets: The
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learning lab denmark Essay examples
Project Report On Learning Lab Denmark Based on Richard Ivory School of Business Study on Organizing from
Scratch INCLUDEPICTURE
http//www.nie.edu.sg/files/practicum/Download/Misc/New_Jan_2013/Photo_for_International_Practicum/Astrid201.JPG
MERGEFORMATINET Table of Contents Executive Summary Analysis study on Questions Has designing and
leadership at Learning Lab Denmark been effective so far Why/why not What about organisational culture What are the
opportunities and challenges of designing and leading Learning Lab Denmark Identify tensions, problems, issues,
paradoxes, characteristics, and dilemmas that make organizational design and leadership ongoing challenges in new
ventures such as Learning Lab Denmark. What is ... Show more content on Helpwriting.net ...
LLD S design structure was creating an inability to deal with interdependencies between divisions. The culture of LLD
is like business with profits, but it should be like educational institute, it should not see any profits, for its research. It
should see only societal benefits for research. It should be non–profit organization. LLD from inception with clear cut
objectives and goals to deliver did not have right organization structureAs DPU as an separate entity, use of their
facilities and on top handle administrative work of LLD was the first point of failure of LLD. Old and New structures
can never mix together both have their own benefits and style.DPU weighted their style of management and follow
SOPs are the classic case of organizational culture. LLD following, DPUs organizational culture has seen point of
failure in their work environment as well projects. Two leaderships Managing Director and Research Director with clear
cut separate roles are not seen to be ineffective, in fact that strengths LLDs strategy. Boundary crossing could be an
important part of the organization today and that important aspects of learning take place between organization and not
only within Since its creation, LLD has been experiencing many challenges and facing managerial problems. Given its
complex organization, the most critical managerial problem is the lack of unity and coordination inside the organization
(which means among
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The Impact of Derivatives on Cash Market
The Impact of Derivatives on Cash Markets: What Have We Learned? Stewart Mayhew Department of Banking and
Finance Terry College of Business University of Georgia Athens, GA 30602–6253 October 27, 1999 Revised: February
3, 2000 The Impact of Derivatives on Cash Markets: What Have We Learned? Abstract This paper summarizes the
theoretical and empirical research on how the introduction of derivative securities affects the underlying market. A wide
array of theoretical approaches has been applied to the question of how speculative trading, the introduction of futures,
or the introduction of options might affect the stability, liquidity and price informativeness of asset markets. In most
cases, the resulting models predict that ... Show more content on Helpwriting.net ...
Turning to the introduction of option contracts, the non–linear payoff structure of options adds an interesting dimension
to the problem, that has inspired much insightful theoretical research. Still, no real consensus has emerged as to whether
we should expect options to stabilize or destabilize the underlying market. As in the case for the introduction of futures,
the range of theoretical possibilities is sufficiently broad as to accommodate nearly any conclusion, depending on what
assumptions are made. Nevertheless, it can be quite instructive to examine this literature carefully, for in doing so we
may gain valuable insights to help us gain a richer appreciation of the complicated relationships between derivative and
primary assets. The empirical literature on this issue is vast. Studies have been performed on data from commodity,
fixed–income, individual stock, stock–index, and currency futures, as well as individual For earlier surveys related to
this topic, see Damodaran and Subrahmanyam (1992), Hodges (1992) and Sutcliffe (1997). 1 2 stock stock–index,
and currency options, including markets in the United States and in many other nations. Researchers have studied the
impact of derivatives by comparing underlying market characteristics before and after introduction dates, by studying
the behavior of the underlying market around the expiration dates of the derivative contracts,
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Case Study Of Cheminova
The purchase of two companies: Spraguesells Co and the Anderson–Barngrover Co. took place in the year 1928 by
Bean Spray Pump. The prior was into manufacturing of canning machinery and the latter manufactured a rotary
pressure sterilizer with a sealed can. It was during this time that the name of the company was changed to Food
Machinery Corporation(FMC). A contract was recieved by FMC with regard to the designing as well as building of
amphibious vehicles that were landing tracked for the War Department of the United States in the year 1941. Among all
the US Corporations the rank of FMC was 64th in the World War II contracts for military products. In the year 1961, the
Bureau of Ships of the U.S. Navy issued bids for excellent performance of amphibious cargo(ship to shore) that had the
capability of moving through water at approximately 40 mph and at the same speed over ground. The vehicles had
specifications to be loaded and unloaded quickly under combat conditions. The Ordinance Division in San Jose, ...
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Founded in 1938 as a commercial company, Cheminova has a portfolio of diversified products having a presence in
more than 1oo countries and employing more than 2200 people globally. Cheminova is a producer and supplier of crop
protection solutions to growers worldwide. Cheminova provides organophosphate insecticides to protect crops from
contamination by weeds, insects and fungal diseases. Its products are available in Denmark and worldwide. Cheminova
has a highly complementary product portfolio and geographic footprint. Cheminova also has partnerships with Arysta
and Zelam, that produces high quality and innovative agricultural chemical solutions for farmers. It not only offers crop
protection but also provides confidence to farmers by providing the farmers with the best in global protection backed by
local experience and
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Viable Crypto Currency or Investment Bubble Essay
Imagine a currency that can be sent around the globe instantly from one client to another, without any hefty transaction
fees. Although, this achievement is seemingly impossible, Bitcoin, a form of digitalized monetary value, accomplishes
just that. Until recently, money has always been perceived as a physical note or coin that can be used to make
transactions. However, Bitcoin is basically an encrypted digital block that can be stored in an online wallet and securely
stored, sent, and received via a special network on the Internet (Friedman). Programmed in 2009 by an anonymous
group known as "Satoshi Nakomoto," (Timpane), Bitcoin appeared on online exchanges as the world's first
decentralized virtual currency. It has been bought and sold ... Show more content on Helpwriting.net ...
Without a bank to manage the supply of this crypto currency, the price is unregulated and proves to be extremely
volatile. This price fluctuation is one quality that is holding the legitimacy of Bitcoin back because it needs a consistent
value for practical use in the monetary world. As speculative investors buy and sell Bitcoin, the price varies at extreme
rates. But in support of Bitcoin's long–term future, the price has shown a steady uptrend in the past year, peaking at
around $1200 (See Apendix I). Eventually, a steady value will be reached to establish the actual price of Bitcoin. The
positive aspect of Bitcoin's decentralization greatly outweighs this temporary problem of volatility. The lack of the
Federal Reserve's regulation essentially allows this virtual currency to eradicate inflation. Ed Grabianowski describes
inflation as a process when a unit of currency loses value because more units are produced and put into circulation by
the regulator in attempts to solve financial issues ("What Exactly is Inflation?"). Bitcoin does not face this problem
since it has a predetermined supply: 21 million digitalized blocks ("Betting on the Bitcoin Buzz"). Instead of having a
regulator through banks and the government, which can inherently fail, Bitcoin relies on regulation through a
mathematical equation. To comprehend this regulation, the process of mining must first be understood.
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Carlsberg's Strategic Analysis
Internal and External Analysis of Carlsberg Group Class and group/team number Group/team members/participants
Date 13.01.2012 Number of characters (including spaces, footnotes, end notes and text boxes) 84,649 characters
Signatures of all the participating group/team members ______________________ ______________________
______________________ ______________________ __________________________ Table of Contents 1 Executive
Summary 5 2 Introductory Chapter 6 2.1 Motivation 6 2.2 Research question 6 2.2.1 Sub questions 6 2.3 Interpretation
7 2.4 Delimitation 7 2.5 Method 8 2.5.1 Theories and models used in the project 8 ... Show more content on
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Delimitation Our project work is focused on external and internal analysis of the Carlsberg Company. The external
analysis is meant to cover seventy percent of the work putting less emphasizes on the internal analysis. As well as we
will be discussing the position of Carlsberg mostly on the Danish market, but we cannot avoid looking on other markets
for comparing company's performance as Carlsberg Group is an international company. In our BCG matrix we will look
to 3 SBU's that we think are the most important in Carlsberg Company. We are not using all theories and models that we
have learned during this semester as long as not all of them are connected to our research and sub questions and would
have given us unnecessary information. Method Theories and models used in the project * Vision, Mission and
Objectives With the help of these values, we will find out who is Carlsberg Group. Mission defines what the company is
going to do for its customers and why. Vision shows us where the company wants to be in the future and objectives are
goals that Carlsberg has to be act successfully with their mission. These things will help us to understand what the
motivation of the company is and what is vital for them. * Organisational Structure We will look into organisational
structure of Carlsberg Group to see how things are organized within the company and how it helps the company to be
doing so well on the market. * Value
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Ikea into chile
Case Study: Unibrew in the Belarus Market
1. Introduction
Royal Unibrew ("Unibrew") is the second largest brewery group in Denmark with foreign operations in selected
Western and Eastern European countries as well as export activities to more distant locations, such as the Middle East
and Africa. The company is listed on NASDAQ OMX and currently has more than 16,000 shareholders1. Furthermore,
they have a broad product range which includes beer, soft drinks, soda water, mineral water, and fruit juices. In this
paper, I will exclusively focus on them as a brewery, i.e. their operations within the beer market.
2. History and Changes in Corporate Strategy
In 1989 the two Danish breweries Faxe Bryggeri A/S and Jyske Bryggerier A/S merged ... Show more content on
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This tight control of marketing functions, strong branding of diversified products, and much segmented market view has
proven a great advantage for Unibrew. In fact, it has allowed them to capture market shares from big competitors on
their main markets, as was the case as recent as in March 2011 when it was clear that Unibrew had captured significant
market shares from Carlsberg in Western Europe5.
3.3 Market Knowledge. For over a decade, Unibrew has had operations in the Eastern European countries Latvia and
Lithuania. Geographically, these two countries both border to Belarus. The geographical proximity of the current
markets of Unibrew to the Belarus market can arguably be an advantage for Unibrew since they through their
operations in Latvia and Lithuania have gained important experience in the region and knowledge of demographically
based factors. They both affect the sales of beer and therefore the knowledge can be applied to the Belarus market.
However, one must note that some of Unibrew's competitors, e.g. Carlsberg, have already established themselves in the
Belarus, which somewhat blurs the impact of this ownership advantage.
4. Localization Advantages
In relation to evaluating a possible entry to the Belarus market and the consequences of such a move, one must first
understand the dynamics of the Belarus business environment and which ones Unibrew would be able to benefit from.
To structure
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Acc499 Written Assignment
Fraud at Electronic Game Card, Inc.
Krista L. Farmer
Dr. Randolph A. Stanley, Professor
ACC499 – Accounting Undergraduate Capstone
November 17, 2012
Fraud at Electronic Game Card, Inc.
Discuss the nature of the fraud and the impact to the company as a result of the fraudulent activity. Electronic Game
Card Inc. develops, produces, and markets electronic, credit card sized games to the casino, lottery, toy, game,
education, and promotional industry worldwide. Chief executive officer Lee Cole and chief financial officer Linden
Boyne secretly funneled millions of shares of the company's stock to entities in Gibraltar which they secretly controlled.
Those entities then sold off the stocks and had the funds ... Show more content on Helpwriting.net ...
It is unclear as to how the cover–up was perpetrated. The day–to–day processing of documents would likely have been
completed by lower ranking employees, who may or may not have been aware of the situation. At times, lower level
employees choose to do what is asked, even if they feel that something is wrong. They point the blame for why a certain
procedure was followed on their supervisors as they fear they will lose their job. It is management's responsibility to set
the tone of ethical behavior within the company. Mr. Lee's and Mr. Boyne's lack of integrity and honesty could have
filtered down to the employees, who chose to ignore the unethical behavior.
Discuss the impact to the company or brand as a result of the fraudulent activity. On February 10, 2010, the company
postponed a conference call that was meant to discuss vital internal issues within the company, which created an instant
sixteen percent drop in stock price (Shareholders Foundation, 2010). On this same date, they filed Form 8–K with the
SEC, stating that their independent auditors, Mendoza Berger and Company, LLP, had withdrawn its audit opinion for
the years ending December 31, 2006, 2007, and 2008 (U.S. Securities and Exchange Commission, 2010). On April 8th,
2010, the company announced that PricewaterhouseCoopers LLP had begun an investigation into the possible cause of
the
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Analysis Of The Past And Present Stock Market
Analysis of the Past and Present Stock Market
The stock market has been the basis of finance in America for over a century, but it was a long road for the modern
stock exchange. Trading profits and portions of companies have been a part of making money for hundreds of years,
which then lead to the formation of the current complex system of trading, biding, selling and buying on the trading
floor. Throughout history the intricate stock market system has become the staple of American and global economics.
The idea of the stock market was born in the 1300s when moneylenders in Europe traded debts in order to unburden
themselves from risky loans. These lenders first traded within themselves then individual customers, which resulted in
the first investors. The Venetians led this movement with the idea to trade internationally between governments. They
became the first modern brokers when they started carrying around slates with stock information to meetings (Beattie).
The first actual stock exchange dates back to 1531 in Antwerp, Belgium. Moneylenders and brokers in Antwerp would
trade in individual and government debt in the form promissory notes and bonds. Although these primitive exchanges
did not use actual stocks this was the basis of all future stock exchanges (Beattie). In the 1600s the Dutch, British, and
French governments gave charters to the East India companies. These East India Companies looked for investors
willing to put up money for a voyage in
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Corporate Governance Arrangement for G4S
1 Executive Summary
This report is going to examine the corporate governance arrangements for G4S, one of the FTSE 100 companies. In
this report, research and evaluate of the corporate governance arrangements for G4S will be done by analysing how
G4S complies with the UK Corporate Governance Code ('the Code') in five main sections of the Code, namely
Leadership, Effectiveness, Accountability, Remuneration and Relations with shareholders. At the end of this report,
recommendations will be made include the problem of staff diversity, risk management, relations with shareholders and
the appointment on board directors. 2 Introduction
G4S plc is a security services company founded in the UK in 2004, it is merged by the UK–based Securior ... Show
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This means that participants of the Board are committed to the company that they are willing to make good effort in
order to make better decisions to the company, but this also implies that the Board is lack of effectiveness as they
cannot make decisions efficiently.
It is easy to understand that the issue of independence will be questioned if a non–executive director has served the
same company for the long period of time. According to the Code, a non–executive director's independence will be
questioned if the director has served on the board for more than nine years from the date of their first election (FRC,
2012). Therefore, having completed nine years' services as non–executive directors, Lord Condon and Bo Lerenius will
retire from the board at the conclusion of the company's AGM in 2013, at which time Mark Elliott will take on the role
of senior independent director (G4S, 2013).
After the retirement of the two non–executive directors, the board will then be formed by three executive directors, one
non–executive chairman and six other independent non–executive directors.
The Nomination Committee which led by Lord Condon was responsible of selecting the new chairman (assisted by an
external recruitment consultant, Zygos) and the three other new non–executive directors (assisted by another
recruitment consultant, Spencer Stuart). Mark Seligman, as deputy chairman, was co–opted onto the
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The Stock Market And Stock Exchange
This paper will encompass the importance of the U.S stock market/stock exchange versus the Chinese stock market/
stock exchange, with a brief introduction about how each stock market/stock exchange came into existence, the
importance of each stock market/stock exchange, how the U.S and Chinese manage their stock markets/stock exchange,
how corporations are appointed plus the rules and regulations. This will also entail random facts about each stock
market/stock exchange. Stock markets are like hitting a royal flush, if the price of your stocks goes up, you win; if it
drops, you lose! The stock market, also known as the fairness market, is one in which shares are owned by companies
and their shareholders. The companies that are on the stock market, its stocks are issued and traded publicly, through
either exchanges or over–the–counter markets. The stock market is considered to be one of the most critical components
of a gratuitous–market economy that provides companies with access to dominance in exchange for giving investor's
the opportunity to have some type of possession of the company. The stock market gives those the power to invest
monies, and to capitalize on their gains. This in return can bring about wealth to some without having to take a financial
risk in starting up a new business.
The U.S stock market came into existence on May 17, 1792 followed by the stock exchange coming into existence on
March 8, 1817, at Wall Street, lower Manhattan, New York City, New
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The Best Places For Find European Stocks
1. The best places to find European stocks
The stock market may have found its legs within the United States, but its true spiritual home is without doubt within
European borders. European stocks for the past 100 years have found great success within European exchanges, with
several of them bringing investment opportunities closer to the people. If you are someone who holds an interest in
European stocks, then the following are the exchanges that you need to place focus on.
London Stock Exchange
Found deep within the heart of London, the London Stock Exchange ranks as the 4th largest stock exchange in the
world and certainly has age and experience on its side. Founded back in 1801, it's located next to the historic St Paul's
Cathedral and is an international market in almost every sense of the word. At last count there were more than 3,000
brands from 70 different countries present and accounted for. What helps make the London Stock Exchange such a
haven for European stocks is the fact that it is open to both upstart and already established markets. The Alternative
Investment Market (AIM) opens its doors to lesser–known names and gives them a platform to openly promote
themselves to traders. If you are looking to invest in European stocks the London Stock Exchange represents a great
place to start.
Deutsche Borse
Germany is considered key financial house within Europe, so it is no shock to see that various European stocks call the
country home. Germany's leading stock
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Combating Cyber Crime: Global Strategies and Cost
Combating Cyber Crime:
Global Strategies and Cost
Guillermo Dumois
Florida International University
Table of Contents Introduction 3 The Increase of Cyber Crime and Attacks 5 Motivations 6 Scale of Attacks 8 Cyber
Attacks Impact on Business 9 Estimating Costs of Attacks to Business 10 Direct Costs of Cyber Attacks 12 Indirect
Costs of Cyber Attacks to Business 13 Analysis of Financial Costs to Business and Consumers 14 TJX Security Breach
– Financial Analysis 15 TJX Stock Comparison 16 TJX Financial Ratios 17 Financial Costs of Attacks 21 Combatting
and Preventing Cyber Crime 22 The Role of Government 22 Global Strategies to Prevent and Fight Cyber Crime 23
Conclusion 24 References 25 ... Show more content on Helpwriting.net ...
Consumer confidence over the retention and use of their personal information is of utmost importance to the future of
e–business.
A host of issues surround the security of e–commerce transactions. Cyber crime must be prevented by businesses in
order to protect the storehouse of personal and private information of their customers and consumers such as addresses,
credit card information, PINS, security questions, passwords, and personal information. Cyber attacks are also of
concern, as they can cripple systems. With the emergence of this new source of revenue potential comes the added cost
of security to businesses. Adequate and reasonable security measures are required in order to maintain a balance of
low–cost and high security. The consequences of failing to adequately protect such information are evident and costly.
Consumer lawsuits, consumer complaints, and costly settlements are all potential pitfalls for the unwary business. Loss
of goodwill, reputation, and share value are other tangible consequences. The financial impact of cyber–crimes and
cyber–attacks on business can be analyzed by considering the magnitude of likely incidents along with the financial
cost of implementation of security measures. A balance must be struck between protecting consumer information and
creating a user–friendly
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Accounting Developments in Poland
Introduction of Poland Poland officially known as Republic of Poland (Rzeczpospolita Polska) is a country in Central
Europe. Poland is bordered by Germany to the west; the Czech Republic and Slovakia to the south; Ukraine, Belarus
and Lithuania to the east; and the Baltic Sea and Kaliningrad Oblast, a Russian exclave, to the north. The total area of
Poland is 312,679 square kilometers (120,726 sq mi), making it the 69th largest country in the world and 9th in Europe.
Poland has a population of over 38 million people, which makes it the 33rd most populous country in the world. (WBO,
2010) Historical Background A national accounting chart for Poland did not exist before the 1930s although an
accountants' Association was already established ... Show more content on Helpwriting.net ...
The cultural shift and market pressures prompted birth of the first truly comprehensive regulation of the independent
Poland which is the Act on Accounting, 1994 (CPAA). This document was noticeably modeled on the 4th Directive
(Formats and Rules of Accounting), 7th (Consolidated Accounting), and 8th (Qualifications and work of Auditors) EU
Directives. As it is visible the concepts and notions included in the Accounting Act also relate to the last issued decree
of 1983. Therefore, for accounting 1994, it determined the Western oriented direction in line with socio–political
movement with simultaneous. The next important regulation is the Decree of Minister of Finance of August 1995 which
resolved amongst other the issue of auditing the budgetary sector. Noticeably, solutions unique to Poland, feeding from
West, East and within were developed. Very important requirements of this act, were recognition of only 'acquired
goodwill' and use of 'purchase method' only when accounting for mergers and acquisitions. In these respect it can be
noted that the solutions offered in IAS 38 IFRS 3 Business Combination. Additionally Poland already then was strongly
recommending the cost method, which the current IAS 40 requires, even though the solutions at the time (ED 40) were
recommending the equity method for long term investments measurement. Moreover already then, not in line with
either EU 4th Directive or IAS 7 at the time, Poland was one of the few in Eastern Europe
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Shareholder Value
The purpose of the corporation:
Shareholder–value maximization?
Finance Working Paper N°. 95/2005
Revised version: February 2006
Petra Joerg
Institut für Finanzmanagement, Universität Bern
Claudio Loderer
Institut für Finanzmanagement, Universität Bern
Lukas Roth
The Pennsylvania State University
Urs Waelchli
Institut für Finanzmanagement, Universität Bern
© Petra Joerg, Claudio Loderer, Lukas Roth and Urs
Waelchli 2006. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit
permission provided that full credit, including © notice, is given to the source.
This paper can be downloaded without charge from: http://ssrn.com/abstract=690044 www.ecgi.org/wp
ECGI ... Show more content on Helpwriting.net ...
It can also be interpreted, however, as a debate about the purpose of the corporation–or about whose interests the
corporation should ultimately serve.
Various academics have joined the debate, arguing that there is an increasing consensus that managers should strive to
maximize shareholder value, and that doing so maximizes social welfare. There is also a claim that managers are
increasingly setting shareholder–value maximization as their main corporate target. This paper questions the existence
of a widespread consensus that companies maximize shareholder value or should do so.
Theoretical reasons to doubt the existence of a strong consensus are often related to the externalities that a focus on
shareholder–value maximization would create.
How corporations are run can affect, for example, the welfare of entire regions.
Tirole (2001, p. 3) summarizes this line of reasoning by writing, "There is no denying that such externalities may be
substantial [...]. Why should institution design ignore the natural stakeholders, and favor the investors, who are
'stakeholders by design,' by giving them full control rights and by aligning managerial compensation with their
interests?" The doubts about the consensus on shareholder–value maximization, however, transcend financial
externalities. Take the case of managerial compensation. Critics throughout the Western world have called for legal
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Pandor An International Jewellery Company
Pandora is an international jewellery company specializing in rings, bracelets, and charms for women providing charms
representing their life 's unforgettable moments. Pandora was founded in 1982 by Winnie and Per Enevoldsen in
Denmark and has expanded over the past 30 years to more than 10,000 retailers across the globe with expectations of
275 more owned and operated stores in 2014 (Pandora,2014). With more than 9000 employees, 7000 employees are
located in Thailand where all of Pandoras hand–finished jewellery is manufactured Pandora offers many franchising
opportunities resulting in most Pandora stores being owned by independent retailers and a small amount owned and
operated by the company.
Pandora is a publically listed business on the NASDAQ OMX Copenhagen Stock Exchange in Denmark with a
December annual year end. Pandora is a global company consisting of 10 members in their Board of Directors. The
company has a audit committee as well as a remuneration and a nomination committee which is responsible for
quarterly reporting back to the Board of Directors.
Corporate Governance
Corporate Governance involves the balance of controls between the stakeholders, managers, and directors of the
organization (Corporate Governance, 2014). It includes the rules and practises used by a company to ensure its
regulations are being met. Ensuring transparency, accountability and making sure a company meets all of its obligations
Pandora continues to updates its
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Brand and Bestseller
Bestseller A/S is a privately held family–owned clothing company based in Denmark. The company was founded in
1975 and has 10 brands. Today, Bestseller has well over 5,700 stores selling its product in more than 43 countries,
which makes it one of the largest fashion companies in Europe.[1]
[edit]History
The company was founded in 1975 by Troels Holch Povlsen in Brande, Denmark, originally its focus was on women's
fashion. It introduced children's clothing in 1986 and menswear in 1988. As of 2007, the company is family owned and
it employs more than 39,352 people.[2]
[edit]Brands
The company has a number of big name and different brands under which it sells its clothing. The brands are listed
below, and are sold both in the ... Show more content on Helpwriting.net ...
"Happiness depends on what you can give and not what you can get," says Bestseller's Leitmotif regarding the
development work.
"We believe that it is not enough 'just' to give money, schools or hospitals to developing countries – if you do not
understand the structure, the people or the culture of that particular country, it is not possible to make profound
changes," he adds. In the future also, the company is committed to focus on projects that are certain to make a lasting
and effective difference.
Three projects that are currently in operation are a design school in India, sponsorships in Uganda and the Tsunami aid
in Somalia and Tranquebar.
Design School in India
Bestseller supports a design school for traditional artisans in Bhuj, Gujarat, India, in co–operation with Kala Raksha, a
local NGO. Bhuj had been devastated by an earthquake in January 2001, with its surrounding areas equally affected and
in sore need of aid.
We believe that it is not enough 'just' to give money, schools or hospitals to developing countries – if you do not
understand the structure, the people or the culture of that particular country, it is not possible to make profound changes
Kala Raksha has developed a new concept of a design school for traditional artisans with little or no formal education.
The goal is to provide the artisans with knowledge about economy, production, design, and marketing of their own
... Get more on HelpWriting.net ...
Credit Risk Management and Profitability in Commercial...
Credit Risk Management and Profitability in Commercial Banks in Sweden Ara Hosna, Bakaeva Manzura and Sun
Juanjuan Graduate School Master of Science in Accounting Master Degree Project No. 2009:36 Supervisor: Inga–Lill
Johansson Acknowledgements After several months of hard work our thesis has been finished. Now it is time to thank
everyone warmly who provided their kind assistance to us. First of all, we would like to thank our supervisor Inga–Lill
Johansson, Associate Professor of our University, for her guidance all through our work. We would like to thank
Andreas Hagberg, PhD Candidate, as well for giving us his constructive suggestions. We are grateful to Johan Sjömark,
Credit Risk Control Department officer in ... Show more content on Helpwriting.net ...
R2 BCBS CAR CCF Coef. CRD FIRB FSA ICAAP IFRS IRB LGD N NI NPL NPLR PD P–value R2 ROA ROE
RORAC RWA SFSA Signif. TL TSE Adjusted R–squared Basel Committee on Banking Supervision Capital Adequacy
Ratio Credit Conversion Factors Coefficient Capital Requirements Directives Foundation Internal Rating–based
Financial Supervisory Authority Internal Capital Adequacy Assessment Process International Financial Reporting
Standards Internal Rating–based Loss Given Default Number (of Observations) Net Income Non–performing Loan
Non–performing Loan Ratio Probability of Default Probability Value R–squared Return on Assets Return on Equity
Return on Risk Adjusted Capital Risk Weighted Asset Swedish Financial Supervisory Authority Significance Total Loan
Total Shareholders' Equity iv Table of Contents 1. Introduction
.............................................................................................................................. 1 1.1 1.2 Problem Discussion
......................................................................................................................... 3 1.3 Research question
............................................................................................................................ 4 1.4 Purpose
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Case Study: Officemax
Case Study: OfficeMax 1. Introduction This assignment focuses on case study analysis, where we were expected to
analyse and provide executable strategy for a specific corporate retailer. The 1997 case relates to OfficeMax, a
superstore that primarily carries office equipment and supplies to small business and consumer markets. However, the
company is seeking diversification and market share growth, with the prospect of a merger between the industry's
number 1 and 2 office supply superstores, Office Depot and Staples. The current merger process is under scrutiny from
industry watchdogs, and the role of these entities relative to the competitive ... Show more content on Helpwriting.net ...
2.3 Industry Analysis During the late 1990s, the office supply industry was retailed by the following entities (as defined
further in Appendix 1): 1. SMME Speciality stores – who focussed on individual verticals in the industry. These stores
were the dominant players prior to 1984, before losing the battle for cost leadership and scale of operations to
superstores. Though the number of speciality stores have decreased, the strategy for survival of these stores has evolved
to: a. Focus on goods that superstores would not carry, due to lack of supplier scale, low margins or focus on other
product brands or contracts b. Joint buying power in the form of warehouse clubs c. Operation in areas not served by
superstores d. Niche market focus, such as enterprises or educational institutions, whose needs are generally specific e.
Product differentiation, especially with furniture and
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The Threat Of Stolen Credit Cards From Five Hackers
Main Facts of the Case This case is a cyber hacker crime case that is a result of stolen credit cards from five hackers.
There were several more involved in the act, but the five, located in the Ukraine and Russian area were the main
perpetrators. The approximate amount of credit that was stolen was $300 million from various companies. The major
companies include NASDAQ OMX Group Inc., Visa Inc., Dow Jones Inc., J.C. Penney Co, JetBlue Airways Corp and
Carrefour SA (Post, 2013). The companies and the hackers involved were all a part of the same incidence. In the case,
the hackers used firms' secured information of financial transaction at the point of sale to copy fake card information for
their own use. They would be able to make large purchases using the data on the cards. The only information the
hackers would need is the technology to gain access to the firms' information system, card numbers, and a method copy
the cards. Fraud Opportunity triangle All fraud cases, there are motives to commit the crime. The motives can be
discovered and possibly prevented for future attempts to steal sensitive information. In the case of the cyber–attack that
cause the large amount of loss can be reviewed and determine outcomes to prevent the incident from occurring in a
similar fashion. The fraud opportunity triangle, including the opportunity, pressure, and rationalization, discovery of
how the fraud was initiated and taking measures for future prevention is vital for company
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Essay Financial Markets Deregulate
Thanks to deregulation & technological advances, Financial Markets are all interlinked. Funds can thus be raised
overseas, not only domestically.
Deregulation is the process by which rules and regulations are removed or reduced in order to make markets
increasingly efficient. The rationale behind this is that deregulation will promote competitiveness, and therefore result
in lower prices and a more efficient marketplace.
To realise the effect of deregulation and technological advances on financial markets, we first have to understand what
financial markets are. Basically, a financial market is a mechanism that allows people to buy and sell financial
securities, commodities and other fungible items of low value at low transaction ... Show more content on
Helpwriting.net ...
With easy accessibility of the Internet, financial information can be disseminated quickly and hence investors are able to
make better–informed decisions. This accessibility of information and deregulation has encouraged foreign investments,
and we can see the surge of new financial products and an increase in financial innovation in the markets today. Stocks
can now be dual–listed, traded across markets in two different countries. For example, many large Canadian companies
are listed both on the New York Stock Exchange as well as the Toronto Stock Exchange. There are also Brazilian–based
companies listed on both the Brazilian and US stock markets. This adds greater liquidity to the companies' shares
traded, and also gives investors more options as to where they can trade.
The reduction of government restrictions has even allowed stock markets to take it one step further. We hear of the
Nasdaq owning 31% of the London Stock Exchange's (LSE) shares and talks of acquiring it were in the works, but they
have now decided to focus instead on taking over Sweden's OMX AB. In late June this year, the LSE announced a
merger with the Borsa Italiana SpA for $2.19 billion. One would never have heard of this happening had widespread
deregulation not occurred.
In Singapore, the ability to trade stocks and shares has become easily accessible due to online trading. Real–time
information on stock prices is
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Staples Website Case Study
Staples website Tagline Staples: Make more happen Pros Staples conveys a wide combination of things in different
characterizations, including a huge amount of family–and understudy arranged things. Despite offering supplies for
understudies and minimal home work environments, Staples has things and organizations for medium, gigantic and
wander level associations, for instance, contraptions, furniture, custom printing and advancement organizations, and
mailing and sending equipment. Staples simple to utilize site recognizes every single genuine Visa, and moreover
favoring cards, prepaid cards and discount cards. Then again, you can pay with Visa Checkout without making a Staples
account. In any case, making a record is free and fast, and ... Show more content on Helpwriting.net ...
The association in like manner has an esteem arrange certification, a broad online center and a rebate structure. 
Easiest site to find your ink cartridges.  Carries the remarkable Tempur–Pedic check seats.  Best for: For the people
who may need a respectable assurance of office furniture despite their office supplies. Cons Money, micromanage,
environment was a part of the cons that I saw to be substantial in the wake of working there for quite a while.
Comparison between all of above Over the earlier decade, the top player has been Staples (SPLS). Its unfaltering shares
have routinely beaded those of more diminutive rivals Office Depot (ODP) and OfficeMax (OMX). With its size
influence and transcendent execution, Staples has been ensuring bit of the general business, and out–winning
adversaries through the long tedious downturn: Its wage improvement is better, also, in an industry where advancement
is uncommon Staples beats the opposition if the measure is benefit for esteem, free pay. you get the photograph. It even
gives a humble 1.50% benefit yield, while its two driving enemies pay
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The Pros And Cons Of CCP Interoperability
CCP Interoperability
Traditionally, Exchanges and post–trade Clearing and Settlement infrastructures have been vertically integrated. Trading
on a particular venue automatically implied clearing and settling through the vertically integrated Central Counter Party
(CCP) and Central Securities Depository (CSD).
With MiFID emphasizing on best execution of trades across trading venues and the emergence of Multilateral Trading
Facilities, (MTFs), competition between trading venues increased. As a natural progression of this, competition
emerged in the post trading area amongst CCPs and CSDs to provide clearing and settlement services to trades executed
on the new trading platforms. EMIR provided a further impetus to this by setting out common rules for CCPs, enabling
recognized CCPs to offer their services across the ... Show more content on Helpwriting.net ...
The guidelines cover documentation, legal analysis, general policies, procedures, systems and prudential requirements
for risk and exposure management between interoperating CCPs. CPSS–IOSCO's "Principles for Financial Market
Infrastructures" also outlines various types of risks introduced by CCP interoperability and sets out international risk
management standards.
In addition to the above mentioned risks, there are other challenges that are created by CCP interoperability like
fragmentation of clearing volumes and increasing inter–CCP exposures. One idea being proposed to deal with inter–
CCP obligations is to have a process of inter–CCP netting through an independent netting agent, where the independent
netting agent would receive the inter–CCP obligations from all interoperating CCPs and perform netting to find out the
net obligations of each CCP towards the other. In effect, this would appear to evolve as a 'CCP of
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Performance Evaluation of Finnish Mutual Funds
Performance Evaluation of Finnish Mutual Funds
2014
TABLE OF CONTENT
1! ABSTRACT ............................................................................................... 1!
2! INTRODUCTION ..................................................................................... 2!
2.1.! Purpose ................................................................................................................. 2!
3! THE FINNISH FUND MARKET .............................................................. 3!
4! PREVIOUS RESEARCH ........................................................................... 5!
5! METHODOLOGY ..................................................................................... 8!
5.1.! Standard ... Show more content on Helpwriting.net ...
In actively managed funds the manager tries to beat the market by selling and buying assets. Passively managed funds
consist of a large number of assets and try to by diversification to perform as well as the market. The passively managed
funds are much cheaper as they require less work and transactions. This research tries to address the problem from an
investor's point of view, which kind of funds are the best ones to invest in? If the active funds would constantly
outperform the market the effective market hypothesis should be questioned. Still there might be some funds that can
beat the market due to luck or skill of the fund manager. There is evidence going both ways depending time period or
researcher. By using risk measures and performance we will try to give some more insight in the discussion and the
Finnish market situation at the moment.
2.1.! Purpose
The purpose of this paper is to study the performance of the Finnish fund market through studying the individual funds
on the market.
3
3!
THE FINNISH FUND MARKET
Most of the investments made by private investors in Finland are made via local banks, like in the rest of Europe. The
Finnish banks charge high expenses in comparison to other banks for managing a mutual fund, which is most likely due
to the fact that the private households in Finland are loyal customers to one bank and
... Get more on HelpWriting.net ...
Case Analysis: Unilever And Kraft Heinz
"AOL and Time Warner, Sanofi–Aventis and Genzyme Corp, and Nasdaq OMX/Intercontinental Exchange and NYSE
Euronext". Do these corporations ring a bell? They are, in order, the top three most hostile takeovers of all time. The
question that recently arose in the corporate governance industry was whether Unilever and Kraft Heinz would be
added to the list of hostile takeovers. With the approval of their key investors, Warren Buffet and Jorge Lemann, the in
2015 formed merger company Kraft Heinz offered Unilever 143 billion US dollar as an attempt to seal what could have
been the second–largest corporate deal in history. Unilever and Kraft Heinz combined would create a food and beverage
giant worth $84.8 billion, a close second to Nestle, which is worth $91.2 billion. ... Show more content on
Helpwriting.net ...
Kraft Heinz has a month to make a firm and final bid before the company is obligated to surrender and wait six months
before being allowed to attempt a new takeover. Due to this rule drafted in U.K. takeover rules and the initial decline
from Unilever, it had every sign of becoming a hostile takeover. If Kraft Heinz had not withdrawn their bid, would this
have turned into a hostile takeover, would Unilever be protected, in what way and should protection even be necessary?
This essay will focus on different methods of somewhat rather controversial strategies of protecting your company from
hostile takeovers and whether Unilever is already protected from hostile takeovers and if protection is
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Fundamentals of Futures and Options Markets 7e
http://helpyoustudy.info CHAPTER 1 Introduction Practice Questions Problem 1.8. Suppose you own 5,000 shares that
are worth $25 each. How can put options be used to provide you with insurance against a decline in the value of your
holding over the next four months? You should buy 50 put option contracts (each on 100 shares) with a strike price of
$25 and an expiration date in four months. If at the end of four months the stock price proves to be less than $25, you
can exercise the options and sell the shares for $25 each. Problem 1.9. A stock when it is first issued provides funds for
a company. Is the same true of an exchangetraded stock option? Discuss. An exchange–traded stock option provides no
funds for the company. It is a ... Show more content on Helpwriting.net ...
The profit as a function of the stock price is shown in Figure S1.1. Figure S1.1 Profit from long position in Problem
1.13 Problem 1.14. Suppose that a June put option on a stock with a strike price of $60 costs $4 and is held until June.
Under what circumstances will the holder of the option make a gain? Under what circumstances will the option be
exercised? Draw a diagram showing how the profit on a short position in the option depends on the stock price at the
maturity of the option. http://helpyoustudy.info The seller of the option will lose if the price of the stock is below
$56.00 in June. (This ignores the time value of money.) The option will be exercised if the price of the stock is below
$60.00 in June. The profit as a function of the stock price is shown in Figure S1.2. Figure S1.2 Profit from short
position In Problem 1.1 Problem 1.15. It is May and a trader writes a September call option with a strike price of $20.
The stock price is $18, and the option price is $2. Describe the investor's cash flows if the option is held until
September and the stock price is $25 at this time. The trader has an inflow of $2 in May and an outflow of $5 in
September. The $2 is the cash received from the sale of the option. The $5 is the result of the option being exercised.
The investor has to buy the stock for $25 in September and sell it to the purchaser of the option for $20. Problem 1.16.
An investor writes a
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Staples Case Study
Staples website Tagline Staples: Make more happen Pros Staples carries a wide assortment of items in various
classifications, including a ton of family–and understudy situated items. Notwithstanding offering supplies for
understudies and little home workplaces, Staples has items and administrations for medium, huge and venture level
organizations, for example, gadgets, furniture, custom printing and innovation administrations, and mailing and sending
hardware. Staples easy to use site acknowledges all real Visas, and additionally blessing cards, prepaid cards and refund
cards. On the other hand, you can pay with Visa Checkout without making a Staples account. Be that as it may, making
a record is free and quick, and it has extra advantages like reliability focuses, email coupons ... Show more content on
Helpwriting.net ...
 Carries the outstanding Tempur–Pedic mark seats.  Best for: For the individuals who might want a decent
determination of office furniture notwithstanding their office supplies. Cons Cash, micromanage, environment was a
portion of the cons that I observed to be valid in the wake of working there for a long while. Comparison between all of
above Over the previous decade, the top player has been Staples (SPLS). Its steady shares have routinely beated those
of littler opponents Office Depot (ODP) and OfficeMax (OMX). With its size leverage and predominant execution,
Staples has been guaranteeing piece of the overall industry, and out–winning opponents through the long repetitive
downturn: Its income development is better, as well, in an industry where development is rare Staples beats the
competition if the measure is profit for value, free income . . . you get the photo. It even gives a humble 1.50% profit
yield, while its two driving adversaries pay nothing. A segment balanced for a recurrent climb. Which to purchase?
YCharts Pro says OfficeMax, generally considered the tired man of the three, is overrated. Scratch
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Australia 's Major Securities Transactions
ASX Limited (ASX):
Brief Introduction:
An Australian public company (ASX: in Australia 's major securities transactions, the Australian Securities Exchange.
This was created in July 2006 through a merger Australian Stock Exchange and the Sydney Futures Exchange.
ASX group is a market operator, clearing and payment systems facilitator. It is also responsible for monitoring
compliance with the Rules, the promotion of corporate governance standards in the Australian listed companies, would
help in the education retail investors.
Australia 's capital markets:
Financial Development – Australia ranked 5 of 57 world–leading financial systems and capital markets in the World
Economic Forum.
Stock Market – 8 in the world 's largest (based on free–float Market capitalization issue) and in the Asian and Pacific
the maximum of 2 and 1.2 trillion dollars in market capitalization and average daily in the 2 market transactions in the
$0 a day.
Bond Market – 3 maximum debt market in Asia Pacific region.
Derivatives market – the most fixed income derivative products in the Asia–Pacific region.
Product:
The products and services provided on the Australian Stock Exchange transactions including stocks, futures, foreign
exchange transactions, warrants, contracts for differences, exchange–traded funds, real estate investment trusts, listed
investment companies and interest rate securities. The largest stock on the Australian Stock Exchange trading, the
market capitalization, including , ,
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Cybercrime Is Crime That Involves A Computer And A Network
Cybercrime is crime that involves a computer and a network. The computer may be used in the commission of a crime,
or it may be the target.
Debarati Halder and K. Jaishankar (2011) define cyber–crimes as: "Offences that are committed against individuals or
groups of individuals with a criminal motive to intentionally harm the reputation of the victim or cause physical or
mental harm, or loss, to the victim directly or indirectly, using modern telecommunication networks such as Internet.
Such crimes may threaten a nation's security and financial health. Issues surrounding these types of crimes have become
high–profile, particularly those surrounding hacking, copyright infringement, child pornography, and child grooming.
There are also problems of privacy when confidential information is intercepted or disclosed, lawfully or otherwise.
The most popular cyber–crime in the present include fraud and financial crimes, cyber terrorism, cyber–extortion
(occurs when a website, e–mail server, or computer system is subjected to or threatened with repeated denial of service)
and cyber war fare.
Practical cases of cyber–crimes recorded within the last 10 years.
In July 2013, Federal prosecutors charged five men responsible for a hacking and credit card fraud spree that made
companies lose more than $300 million and two of the suspects were taken to custody in what is termed as the biggest
cyber–crime case filed in U.S.A. history. They also disclosed a new security breach against Nasdaq
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Case Study: Abercrombie & Fitch
1. Abercrombie & Fitch (ANF) uses US GAAP as its accounting standards, as required by US securities regulators and
accounting conventions (2009 ANF Annual Report). The Securities and Exchange Commission strongly recommends
the use of the most up–to–date GAAP taxonomy in the preparation of financial statements and communications for
American public companies (SEC.gov, 2011). H&M is a Swedish company, and its stocks are listed on the OMX
Nordic Exchange in Stockholm (Hm.com, 2012). Firms listed on the OMX Nordic Exchange are to prepare their
financial statements in accordance with International Financial Reporting Standards (IFRS) as adopted by the EU, and
these principles must be used in the preparation of any financial report (NasdaqOMX.com, 2011).
2. In Stockholm, the audit report is part of the annual financial report, and is therefore subject to the same set of
standards as the rest of the financial report, IFRS, and the generally accepted accounting standards of Sweden (H&M
2009 Annual Report). The 2009 annual report for Abercrombie & Fitch notes that the company's auditors,
PriceWaterhouseCoopers, "conducted (its) audits in accordance with the standards of the Public Company Accounting
Oversight Board" of the United States. This is the normal set of accounting standards used for the auditing of publicly–
traded firms in the United States. As with the accounting standards that these two firms use, the difference in the
auditing standards relates to the different nations
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Case Study : Starbucks, Inc.
ORG 530–2 CT 6: Starbucks, Inc., & CSR: Reporting & Analysis This paper will examine Starbucks, Inc. CSR and
sustainability practices from the viewpoint of a potential socially responsible investor performing due diligence. Two
indices will be used to compare and contrast the company 's CSR report which measure the CSR practices of
corporations; also, the usefulness of these two indices for research purposes will be evaluated, critiquing the credibility
and limitations of each index. A report will be formed addressing Starbuck's CSR performance and strategies based on
the analysis. CSR: Rationale & Evaluation A potential investor performing due diligence in researching an investment
target should first realize the psychological effects potentially present in CSR reports; Elliott, Grant & Rennekamp
(2015) found CSR reports employ strategies couched in either community or global efforts, and styles used to frame
CSR performance often centers on a particular presentation style designed to achieve an organization's goals. These two
prominent disclosure features tend to focus potential or actual investors thoughts about an organization and its actual or
stated CSR efforts; and can have different effects on investors considering the way an individual processes numerical
information, leading to the possibility that an idealization between the strategy frame and the presentation format of an
organization's CSR report can cause susceptible investors to be more inclined to make an
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Operation Management Of Zara
INTRODUCTION TO ZARA
"Management is efficiency in climbing the ladder of success", Stephen R Covey once said. Operations management is
in charge of customers' needs and satisfaction. Its aim is to live up to its existence. The reason of its existence is to
succeed in purchases, products quality, quality control, stockpiling and logistics. All this accomplished, the results are
bound to be remarkable.
Zara is an illustrative example of the correct operations management. The first shop was set up in La Coruna and so far
sixty eight countries have had their own Zara store. This progress happened very fast and successfully. We can all
understand that the system of Zara works properly and people of Zara do their work effectively. The way they design,
they produce, they sell things is surely the appropriate. Moreover, there is a wide variety of products every season
which leads to its constant success.
( "How Zara Grew Into the World's Largest Fashion Retailer". The New York Times. 9 November 2012)
COMPANY BACKGROUND TO ZARA
Zara is a dress retailer who has taken another approach in the business. It was established by Amancio Ortega in 1963 in
Spain. Its guardian organization is claimed 60% INDITEX by the Ortega family and Inditex has completed in 2005 to
6.741 billion ... Show more content on Helpwriting.net ...
Hence, they oversaw by one means or another to democratize extravagance maker of items propelled by the
development of design. With this approach, Zara is presently an industry fit for offering popular items at reasonable
costs. Then again, it is an organization that needs to be near to youngsters. Additionally, this yearning is felt in its
enrollment arrangement. Zara youthful workers with styles extremely checked design. On the other hand, Zara
comprehends what precisely the clients need and react to their needs rapidly. That is the primary mystery of Zara, which
issues them an upper
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Healthcare Stakeholders: A Healthcare Economic Study
Healthcare can be complex and have many parts with ensuring the most quality and efficient care that are being
recommended to all care providers. The economics in healthcare is a study of what goes on behind decision making and
what people value and how they make their decisions based on the things they value. The goal of an economic study in
that regard is to find out how to make health more valuable than other things people could be spending their time,
money and energy on when looking at the access economic policy recommendations for healthcare stakeholders.
Stakeholders, hold a significant role in healthcare clinical decisions and indications that supports that decision. The
evaluation provides a background to make the best practice of
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The Corporate Soul is the Culture of an Organization
ORGANIZATIONAL CULTURE
INTRODUCTION:
Just as society has a culture, so has an organization. Organizational culture has been called 'Corporate soul' (Singh and
Paul 1985). The spirit and the ethos that precolates all aspects of organizational behavior and like societal cultureit
cannot be seen directly. It has to be inferred by peeling out the most external, tangible, and hence visible sheaths of an
organization to the most central and invisible values, beliefs, and assumptions regarding how and why people work and
relate with each other within an organization. Organizational culture consists of the following five layers (J.B.P Sinha
1990) :
1) Organizational mission, vision, goals, objectives, strategies and the underlying philosophy of management.
2) Organizational structure, systems, work forms, technology, capital structure, and other physical features of an
organization.
3) Groups characteristics such as power and authority structure, group dynamics, leadership, and forms of work and
social relationships.
4) Work and non– work practices and behavior.
5) Assumptions, beliefs, values, and norms regarding work as domains such as family, community, leisure, religion.
Organizational culture is a term widely used but one that seems to give rise to a degree of ambiguity in terms of
assessing its effectiveness on change variables at a work place or in an Organization. Organizational culture at any
organization is defined as " A system of shared meaning held
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Marketing Strategy of Samsung Mobile
Objective
To study the marketing strategy and gain an insight on Samsung Mobile India
Samsung Group
The Samsung Group is South Korea's largest company or chaebol and the world's second largest conglomerate by
revenue, leading several industries in the world. It is composed of numerous international businesses, all united under
the Samsung brand, including Samsung Electronics, the world's largest electronics company, Samsung Heavy
Industries, one of the world's largest shipbuilders and Samsung Engineering & Construction, a major global
construction company. These three multinationals form the core of Samsung Group and reflect its name – the meaning
of the Korean word Samsung is "tristar" or "three ... Show more content on Helpwriting.net ...
In addition, Samsung Shipbuilding is formed
1982: Samsung establishes a professional baseball team
1983: Samsung produces its first computer chip: a 64k DRAM chip
Lee Byung–Chul founded Samsung in 1938. It started as a small trading company with forty employees, located in
Seoul. The company did fairly well until the Communist invasion in 1950 which caused great damage to his
inventories. He was forced to leave and start over in Suwon in 1951. In just a year, the company's assets had grown
twentyfold. In 1953, Lee created a sugar refinery–the South Korea's first manufacturing facility after the Korean War.
"The company prospered under Lee's philosophy of making
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The Impact Of Wearable Activity Devices On The Fitness...

  • 1. The Impact Of Wearable Activity Devices On The Fitness... Technology Research Summary Annotated Bibliography "Ace(R) Survey Examines Impact Of Wearable Activity Devices On The Fitness Industry." NASDAQ OMX 's News Release Distribution Channel 3 Sept. 2015. ProQuest. Web. 23 Sept. 2015 Consumer Electronics Association's research suggests that wearable technology revenues will reach $5.1 billion by the end of this year. ACE surveyed 58,000 health and fitness professionals asking questions about their response to this new technology trend. 49% of their professionals did not feel knowledgeable enough about wearables to give customers opinions on device accuracy and motivation capabilities, but 72% were asked questions about wearables on a regular basis. Besides this lack of knowledge, many of their professionals were concerned with using wearables because they do not track all exercises, and they could lack accuracy. ¾ of the professionals showed interest in using wearables with their customers to create challenges and encourage improvements. The article suggests that better integration of technology could help motivate clients and help trainers track progress even when clients are away from the gym. Carlton, Lindsay. "Scaling back: 3D fitness tool shows real results and weight loss progress." Fox News. n.p., 29 Jan. 2015. Web. 22 Sept. 2015. Advancements in scanner technology helps users better track their weight loss progress. New scanners, like the Fit3D Proscanner, take pictures 360 degrees around a person. Through this ... Get more on HelpWriting.net ...
  • 2. I Love Reading Essay Government of India b i n n o v a i c u l t u r w u s i n e s f E N T R E P R E N E UR S H I P m n a d c a t i o n u o n P l o y m e n t l t h e v i r o n m e n t n a n c e A Study by National Knowledge Commission Entrepreneurship in India National Knowledge Commission 2008 ©National Knowledge Commission, 2008 This report has been prepared by Amlanjyoti Goswami, Namita Dalmia and Megha Pradhan with support and guidance from Dr. Ashok Kolaskar and Mr. Sunil Bahri. Table of Contents Acknowledgements Executive Summary Chapter I Chapter II Chapter III Chapter IV Chapter V Chapter VI Chapter VII Annexure I : : : : : : : : Introduction: Why Entrepreneurship What Motivates Entrepreneurship Socio–cultural Factors Access ... Show more content on Helpwriting.net ... At the heart of the report are the entrepreneurs, who responded with tremendous enthusiasm in sharing their experiences with the National Knowledge Commission (NKC). The oneon–one interviews with entrepreneurs in Pune, Kolkata, Chennai, Ahmedabad, Hyderabad ... Get more on HelpWriting.net ...
  • 3. Cyber Crime As A Key Risk For Regulated Firm Cyber–crime as a key risk for regulated firm Delegate ID number : 3733017 November 2014 The term cyber–crime describes criminal activity involving computer and internet in committing a crime. Generally it can be divided to two manners: It can target the machine itself, where the purpose of crime would be to gain access to important data stored on the machine, which could be used to obtain gain. It can also use the machine as a tool to commit other type of crime in more traditional understanding, say distribute child pornography or trade ill–gotten goods. Other division categorises cyber–crime according to whom it is directed towards: Against person – harassment, identity theft Against property – merchandise fraud, financial ... Show more content on Helpwriting.net ... These tools facilitate even those with little skills in the field. Accessibility of resources: In the era of omnipresent internet, machines provide grounds for committing internet fraud but can also be a channel to commit traditional crime and provide platform for criminals to support each other and build network. It has been observed that multiple online marketplaces have emerged through channels such as forums and Internet Relay Chats (IRC). They are meant to cater the need for hacking tools, malicious software, and stolen data. Less skilled actors can gain the access to guidance and services helping them extend their skills. Closer look at these marketplaces reveals that they can be used to distribute and obtain expertise, tools, and even sensitive data of potential victims, such as credit card numbers, bank account details, and personal identification numbers. The below table illustrates the research on accessibility of resources offered in Russian hacker fora. Table 1. Resources Number of posts % of total Buy posts % of total Sell posts % of total Cybercrime services 219 30 39 17.8 180 82.2 ICQ numbers 73 10 9 12.3 64 87.7 Malware and related services 246 34 103 41.9 143 58.1 Other 92 13 22 23.9 70 76.1 Stolen Personal Information 92 13 21 22.8 71 77.2 Total 722 100 194 26.9 528 73.1 Cyber–crime as a threat for stock and security exchange markets: The ... Get more on HelpWriting.net ...
  • 4. learning lab denmark Essay examples Project Report On Learning Lab Denmark Based on Richard Ivory School of Business Study on Organizing from Scratch INCLUDEPICTURE http//www.nie.edu.sg/files/practicum/Download/Misc/New_Jan_2013/Photo_for_International_Practicum/Astrid201.JPG MERGEFORMATINET Table of Contents Executive Summary Analysis study on Questions Has designing and leadership at Learning Lab Denmark been effective so far Why/why not What about organisational culture What are the opportunities and challenges of designing and leading Learning Lab Denmark Identify tensions, problems, issues, paradoxes, characteristics, and dilemmas that make organizational design and leadership ongoing challenges in new ventures such as Learning Lab Denmark. What is ... Show more content on Helpwriting.net ... LLD S design structure was creating an inability to deal with interdependencies between divisions. The culture of LLD is like business with profits, but it should be like educational institute, it should not see any profits, for its research. It should see only societal benefits for research. It should be non–profit organization. LLD from inception with clear cut objectives and goals to deliver did not have right organization structureAs DPU as an separate entity, use of their facilities and on top handle administrative work of LLD was the first point of failure of LLD. Old and New structures can never mix together both have their own benefits and style.DPU weighted their style of management and follow SOPs are the classic case of organizational culture. LLD following, DPUs organizational culture has seen point of failure in their work environment as well projects. Two leaderships Managing Director and Research Director with clear cut separate roles are not seen to be ineffective, in fact that strengths LLDs strategy. Boundary crossing could be an important part of the organization today and that important aspects of learning take place between organization and not only within Since its creation, LLD has been experiencing many challenges and facing managerial problems. Given its complex organization, the most critical managerial problem is the lack of unity and coordination inside the organization (which means among ... Get more on HelpWriting.net ...
  • 5. The Impact of Derivatives on Cash Market The Impact of Derivatives on Cash Markets: What Have We Learned? Stewart Mayhew Department of Banking and Finance Terry College of Business University of Georgia Athens, GA 30602–6253 October 27, 1999 Revised: February 3, 2000 The Impact of Derivatives on Cash Markets: What Have We Learned? Abstract This paper summarizes the theoretical and empirical research on how the introduction of derivative securities affects the underlying market. A wide array of theoretical approaches has been applied to the question of how speculative trading, the introduction of futures, or the introduction of options might affect the stability, liquidity and price informativeness of asset markets. In most cases, the resulting models predict that ... Show more content on Helpwriting.net ... Turning to the introduction of option contracts, the non–linear payoff structure of options adds an interesting dimension to the problem, that has inspired much insightful theoretical research. Still, no real consensus has emerged as to whether we should expect options to stabilize or destabilize the underlying market. As in the case for the introduction of futures, the range of theoretical possibilities is sufficiently broad as to accommodate nearly any conclusion, depending on what assumptions are made. Nevertheless, it can be quite instructive to examine this literature carefully, for in doing so we may gain valuable insights to help us gain a richer appreciation of the complicated relationships between derivative and primary assets. The empirical literature on this issue is vast. Studies have been performed on data from commodity, fixed–income, individual stock, stock–index, and currency futures, as well as individual For earlier surveys related to this topic, see Damodaran and Subrahmanyam (1992), Hodges (1992) and Sutcliffe (1997). 1 2 stock stock–index, and currency options, including markets in the United States and in many other nations. Researchers have studied the impact of derivatives by comparing underlying market characteristics before and after introduction dates, by studying the behavior of the underlying market around the expiration dates of the derivative contracts, ... Get more on HelpWriting.net ...
  • 6. Case Study Of Cheminova The purchase of two companies: Spraguesells Co and the Anderson–Barngrover Co. took place in the year 1928 by Bean Spray Pump. The prior was into manufacturing of canning machinery and the latter manufactured a rotary pressure sterilizer with a sealed can. It was during this time that the name of the company was changed to Food Machinery Corporation(FMC). A contract was recieved by FMC with regard to the designing as well as building of amphibious vehicles that were landing tracked for the War Department of the United States in the year 1941. Among all the US Corporations the rank of FMC was 64th in the World War II contracts for military products. In the year 1961, the Bureau of Ships of the U.S. Navy issued bids for excellent performance of amphibious cargo(ship to shore) that had the capability of moving through water at approximately 40 mph and at the same speed over ground. The vehicles had specifications to be loaded and unloaded quickly under combat conditions. The Ordinance Division in San Jose, ... Show more content on Helpwriting.net ... Founded in 1938 as a commercial company, Cheminova has a portfolio of diversified products having a presence in more than 1oo countries and employing more than 2200 people globally. Cheminova is a producer and supplier of crop protection solutions to growers worldwide. Cheminova provides organophosphate insecticides to protect crops from contamination by weeds, insects and fungal diseases. Its products are available in Denmark and worldwide. Cheminova has a highly complementary product portfolio and geographic footprint. Cheminova also has partnerships with Arysta and Zelam, that produces high quality and innovative agricultural chemical solutions for farmers. It not only offers crop protection but also provides confidence to farmers by providing the farmers with the best in global protection backed by local experience and ... Get more on HelpWriting.net ...
  • 7. Viable Crypto Currency or Investment Bubble Essay Imagine a currency that can be sent around the globe instantly from one client to another, without any hefty transaction fees. Although, this achievement is seemingly impossible, Bitcoin, a form of digitalized monetary value, accomplishes just that. Until recently, money has always been perceived as a physical note or coin that can be used to make transactions. However, Bitcoin is basically an encrypted digital block that can be stored in an online wallet and securely stored, sent, and received via a special network on the Internet (Friedman). Programmed in 2009 by an anonymous group known as "Satoshi Nakomoto," (Timpane), Bitcoin appeared on online exchanges as the world's first decentralized virtual currency. It has been bought and sold ... Show more content on Helpwriting.net ... Without a bank to manage the supply of this crypto currency, the price is unregulated and proves to be extremely volatile. This price fluctuation is one quality that is holding the legitimacy of Bitcoin back because it needs a consistent value for practical use in the monetary world. As speculative investors buy and sell Bitcoin, the price varies at extreme rates. But in support of Bitcoin's long–term future, the price has shown a steady uptrend in the past year, peaking at around $1200 (See Apendix I). Eventually, a steady value will be reached to establish the actual price of Bitcoin. The positive aspect of Bitcoin's decentralization greatly outweighs this temporary problem of volatility. The lack of the Federal Reserve's regulation essentially allows this virtual currency to eradicate inflation. Ed Grabianowski describes inflation as a process when a unit of currency loses value because more units are produced and put into circulation by the regulator in attempts to solve financial issues ("What Exactly is Inflation?"). Bitcoin does not face this problem since it has a predetermined supply: 21 million digitalized blocks ("Betting on the Bitcoin Buzz"). Instead of having a regulator through banks and the government, which can inherently fail, Bitcoin relies on regulation through a mathematical equation. To comprehend this regulation, the process of mining must first be understood. ... Get more on HelpWriting.net ...
  • 8. Carlsberg's Strategic Analysis Internal and External Analysis of Carlsberg Group Class and group/team number Group/team members/participants Date 13.01.2012 Number of characters (including spaces, footnotes, end notes and text boxes) 84,649 characters Signatures of all the participating group/team members ______________________ ______________________ ______________________ ______________________ __________________________ Table of Contents 1 Executive Summary 5 2 Introductory Chapter 6 2.1 Motivation 6 2.2 Research question 6 2.2.1 Sub questions 6 2.3 Interpretation 7 2.4 Delimitation 7 2.5 Method 8 2.5.1 Theories and models used in the project 8 ... Show more content on Helpwriting.net ... Delimitation Our project work is focused on external and internal analysis of the Carlsberg Company. The external analysis is meant to cover seventy percent of the work putting less emphasizes on the internal analysis. As well as we will be discussing the position of Carlsberg mostly on the Danish market, but we cannot avoid looking on other markets for comparing company's performance as Carlsberg Group is an international company. In our BCG matrix we will look to 3 SBU's that we think are the most important in Carlsberg Company. We are not using all theories and models that we have learned during this semester as long as not all of them are connected to our research and sub questions and would have given us unnecessary information. Method Theories and models used in the project * Vision, Mission and Objectives With the help of these values, we will find out who is Carlsberg Group. Mission defines what the company is going to do for its customers and why. Vision shows us where the company wants to be in the future and objectives are goals that Carlsberg has to be act successfully with their mission. These things will help us to understand what the motivation of the company is and what is vital for them. * Organisational Structure We will look into organisational structure of Carlsberg Group to see how things are organized within the company and how it helps the company to be doing so well on the market. * Value ... Get more on HelpWriting.net ...
  • 9. Ikea into chile Case Study: Unibrew in the Belarus Market 1. Introduction Royal Unibrew ("Unibrew") is the second largest brewery group in Denmark with foreign operations in selected Western and Eastern European countries as well as export activities to more distant locations, such as the Middle East and Africa. The company is listed on NASDAQ OMX and currently has more than 16,000 shareholders1. Furthermore, they have a broad product range which includes beer, soft drinks, soda water, mineral water, and fruit juices. In this paper, I will exclusively focus on them as a brewery, i.e. their operations within the beer market. 2. History and Changes in Corporate Strategy In 1989 the two Danish breweries Faxe Bryggeri A/S and Jyske Bryggerier A/S merged ... Show more content on Helpwriting.net ... This tight control of marketing functions, strong branding of diversified products, and much segmented market view has proven a great advantage for Unibrew. In fact, it has allowed them to capture market shares from big competitors on their main markets, as was the case as recent as in March 2011 when it was clear that Unibrew had captured significant market shares from Carlsberg in Western Europe5. 3.3 Market Knowledge. For over a decade, Unibrew has had operations in the Eastern European countries Latvia and Lithuania. Geographically, these two countries both border to Belarus. The geographical proximity of the current markets of Unibrew to the Belarus market can arguably be an advantage for Unibrew since they through their operations in Latvia and Lithuania have gained important experience in the region and knowledge of demographically based factors. They both affect the sales of beer and therefore the knowledge can be applied to the Belarus market. However, one must note that some of Unibrew's competitors, e.g. Carlsberg, have already established themselves in the Belarus, which somewhat blurs the impact of this ownership advantage. 4. Localization Advantages In relation to evaluating a possible entry to the Belarus market and the consequences of such a move, one must first understand the dynamics of the Belarus business environment and which ones Unibrew would be able to benefit from. To structure ... Get more on HelpWriting.net ...
  • 10. Acc499 Written Assignment Fraud at Electronic Game Card, Inc. Krista L. Farmer Dr. Randolph A. Stanley, Professor ACC499 – Accounting Undergraduate Capstone November 17, 2012 Fraud at Electronic Game Card, Inc. Discuss the nature of the fraud and the impact to the company as a result of the fraudulent activity. Electronic Game Card Inc. develops, produces, and markets electronic, credit card sized games to the casino, lottery, toy, game, education, and promotional industry worldwide. Chief executive officer Lee Cole and chief financial officer Linden Boyne secretly funneled millions of shares of the company's stock to entities in Gibraltar which they secretly controlled. Those entities then sold off the stocks and had the funds ... Show more content on Helpwriting.net ... It is unclear as to how the cover–up was perpetrated. The day–to–day processing of documents would likely have been completed by lower ranking employees, who may or may not have been aware of the situation. At times, lower level employees choose to do what is asked, even if they feel that something is wrong. They point the blame for why a certain procedure was followed on their supervisors as they fear they will lose their job. It is management's responsibility to set the tone of ethical behavior within the company. Mr. Lee's and Mr. Boyne's lack of integrity and honesty could have filtered down to the employees, who chose to ignore the unethical behavior. Discuss the impact to the company or brand as a result of the fraudulent activity. On February 10, 2010, the company postponed a conference call that was meant to discuss vital internal issues within the company, which created an instant sixteen percent drop in stock price (Shareholders Foundation, 2010). On this same date, they filed Form 8–K with the SEC, stating that their independent auditors, Mendoza Berger and Company, LLP, had withdrawn its audit opinion for the years ending December 31, 2006, 2007, and 2008 (U.S. Securities and Exchange Commission, 2010). On April 8th, 2010, the company announced that PricewaterhouseCoopers LLP had begun an investigation into the possible cause of the ... Get more on HelpWriting.net ...
  • 11. Analysis Of The Past And Present Stock Market Analysis of the Past and Present Stock Market The stock market has been the basis of finance in America for over a century, but it was a long road for the modern stock exchange. Trading profits and portions of companies have been a part of making money for hundreds of years, which then lead to the formation of the current complex system of trading, biding, selling and buying on the trading floor. Throughout history the intricate stock market system has become the staple of American and global economics. The idea of the stock market was born in the 1300s when moneylenders in Europe traded debts in order to unburden themselves from risky loans. These lenders first traded within themselves then individual customers, which resulted in the first investors. The Venetians led this movement with the idea to trade internationally between governments. They became the first modern brokers when they started carrying around slates with stock information to meetings (Beattie). The first actual stock exchange dates back to 1531 in Antwerp, Belgium. Moneylenders and brokers in Antwerp would trade in individual and government debt in the form promissory notes and bonds. Although these primitive exchanges did not use actual stocks this was the basis of all future stock exchanges (Beattie). In the 1600s the Dutch, British, and French governments gave charters to the East India companies. These East India Companies looked for investors willing to put up money for a voyage in ... Get more on HelpWriting.net ...
  • 12. Corporate Governance Arrangement for G4S 1 Executive Summary This report is going to examine the corporate governance arrangements for G4S, one of the FTSE 100 companies. In this report, research and evaluate of the corporate governance arrangements for G4S will be done by analysing how G4S complies with the UK Corporate Governance Code ('the Code') in five main sections of the Code, namely Leadership, Effectiveness, Accountability, Remuneration and Relations with shareholders. At the end of this report, recommendations will be made include the problem of staff diversity, risk management, relations with shareholders and the appointment on board directors. 2 Introduction G4S plc is a security services company founded in the UK in 2004, it is merged by the UK–based Securior ... Show more content on Helpwriting.net ... This means that participants of the Board are committed to the company that they are willing to make good effort in order to make better decisions to the company, but this also implies that the Board is lack of effectiveness as they cannot make decisions efficiently. It is easy to understand that the issue of independence will be questioned if a non–executive director has served the same company for the long period of time. According to the Code, a non–executive director's independence will be questioned if the director has served on the board for more than nine years from the date of their first election (FRC, 2012). Therefore, having completed nine years' services as non–executive directors, Lord Condon and Bo Lerenius will retire from the board at the conclusion of the company's AGM in 2013, at which time Mark Elliott will take on the role of senior independent director (G4S, 2013). After the retirement of the two non–executive directors, the board will then be formed by three executive directors, one non–executive chairman and six other independent non–executive directors. The Nomination Committee which led by Lord Condon was responsible of selecting the new chairman (assisted by an external recruitment consultant, Zygos) and the three other new non–executive directors (assisted by another recruitment consultant, Spencer Stuart). Mark Seligman, as deputy chairman, was co–opted onto the ... Get more on HelpWriting.net ...
  • 13. The Stock Market And Stock Exchange This paper will encompass the importance of the U.S stock market/stock exchange versus the Chinese stock market/ stock exchange, with a brief introduction about how each stock market/stock exchange came into existence, the importance of each stock market/stock exchange, how the U.S and Chinese manage their stock markets/stock exchange, how corporations are appointed plus the rules and regulations. This will also entail random facts about each stock market/stock exchange. Stock markets are like hitting a royal flush, if the price of your stocks goes up, you win; if it drops, you lose! The stock market, also known as the fairness market, is one in which shares are owned by companies and their shareholders. The companies that are on the stock market, its stocks are issued and traded publicly, through either exchanges or over–the–counter markets. The stock market is considered to be one of the most critical components of a gratuitous–market economy that provides companies with access to dominance in exchange for giving investor's the opportunity to have some type of possession of the company. The stock market gives those the power to invest monies, and to capitalize on their gains. This in return can bring about wealth to some without having to take a financial risk in starting up a new business. The U.S stock market came into existence on May 17, 1792 followed by the stock exchange coming into existence on March 8, 1817, at Wall Street, lower Manhattan, New York City, New ... Get more on HelpWriting.net ...
  • 14. The Best Places For Find European Stocks 1. The best places to find European stocks The stock market may have found its legs within the United States, but its true spiritual home is without doubt within European borders. European stocks for the past 100 years have found great success within European exchanges, with several of them bringing investment opportunities closer to the people. If you are someone who holds an interest in European stocks, then the following are the exchanges that you need to place focus on. London Stock Exchange Found deep within the heart of London, the London Stock Exchange ranks as the 4th largest stock exchange in the world and certainly has age and experience on its side. Founded back in 1801, it's located next to the historic St Paul's Cathedral and is an international market in almost every sense of the word. At last count there were more than 3,000 brands from 70 different countries present and accounted for. What helps make the London Stock Exchange such a haven for European stocks is the fact that it is open to both upstart and already established markets. The Alternative Investment Market (AIM) opens its doors to lesser–known names and gives them a platform to openly promote themselves to traders. If you are looking to invest in European stocks the London Stock Exchange represents a great place to start. Deutsche Borse Germany is considered key financial house within Europe, so it is no shock to see that various European stocks call the country home. Germany's leading stock ... Get more on HelpWriting.net ...
  • 15. Combating Cyber Crime: Global Strategies and Cost Combating Cyber Crime: Global Strategies and Cost Guillermo Dumois Florida International University Table of Contents Introduction 3 The Increase of Cyber Crime and Attacks 5 Motivations 6 Scale of Attacks 8 Cyber Attacks Impact on Business 9 Estimating Costs of Attacks to Business 10 Direct Costs of Cyber Attacks 12 Indirect Costs of Cyber Attacks to Business 13 Analysis of Financial Costs to Business and Consumers 14 TJX Security Breach – Financial Analysis 15 TJX Stock Comparison 16 TJX Financial Ratios 17 Financial Costs of Attacks 21 Combatting and Preventing Cyber Crime 22 The Role of Government 22 Global Strategies to Prevent and Fight Cyber Crime 23 Conclusion 24 References 25 ... Show more content on Helpwriting.net ... Consumer confidence over the retention and use of their personal information is of utmost importance to the future of e–business. A host of issues surround the security of e–commerce transactions. Cyber crime must be prevented by businesses in order to protect the storehouse of personal and private information of their customers and consumers such as addresses, credit card information, PINS, security questions, passwords, and personal information. Cyber attacks are also of concern, as they can cripple systems. With the emergence of this new source of revenue potential comes the added cost of security to businesses. Adequate and reasonable security measures are required in order to maintain a balance of low–cost and high security. The consequences of failing to adequately protect such information are evident and costly. Consumer lawsuits, consumer complaints, and costly settlements are all potential pitfalls for the unwary business. Loss of goodwill, reputation, and share value are other tangible consequences. The financial impact of cyber–crimes and cyber–attacks on business can be analyzed by considering the magnitude of likely incidents along with the financial cost of implementation of security measures. A balance must be struck between protecting consumer information and creating a user–friendly ... Get more on HelpWriting.net ...
  • 16. Accounting Developments in Poland Introduction of Poland Poland officially known as Republic of Poland (Rzeczpospolita Polska) is a country in Central Europe. Poland is bordered by Germany to the west; the Czech Republic and Slovakia to the south; Ukraine, Belarus and Lithuania to the east; and the Baltic Sea and Kaliningrad Oblast, a Russian exclave, to the north. The total area of Poland is 312,679 square kilometers (120,726 sq mi), making it the 69th largest country in the world and 9th in Europe. Poland has a population of over 38 million people, which makes it the 33rd most populous country in the world. (WBO, 2010) Historical Background A national accounting chart for Poland did not exist before the 1930s although an accountants' Association was already established ... Show more content on Helpwriting.net ... The cultural shift and market pressures prompted birth of the first truly comprehensive regulation of the independent Poland which is the Act on Accounting, 1994 (CPAA). This document was noticeably modeled on the 4th Directive (Formats and Rules of Accounting), 7th (Consolidated Accounting), and 8th (Qualifications and work of Auditors) EU Directives. As it is visible the concepts and notions included in the Accounting Act also relate to the last issued decree of 1983. Therefore, for accounting 1994, it determined the Western oriented direction in line with socio–political movement with simultaneous. The next important regulation is the Decree of Minister of Finance of August 1995 which resolved amongst other the issue of auditing the budgetary sector. Noticeably, solutions unique to Poland, feeding from West, East and within were developed. Very important requirements of this act, were recognition of only 'acquired goodwill' and use of 'purchase method' only when accounting for mergers and acquisitions. In these respect it can be noted that the solutions offered in IAS 38 IFRS 3 Business Combination. Additionally Poland already then was strongly recommending the cost method, which the current IAS 40 requires, even though the solutions at the time (ED 40) were recommending the equity method for long term investments measurement. Moreover already then, not in line with either EU 4th Directive or IAS 7 at the time, Poland was one of the few in Eastern Europe ... Get more on HelpWriting.net ...
  • 17. Shareholder Value The purpose of the corporation: Shareholder–value maximization? Finance Working Paper N°. 95/2005 Revised version: February 2006 Petra Joerg Institut für Finanzmanagement, Universität Bern Claudio Loderer Institut für Finanzmanagement, Universität Bern Lukas Roth The Pennsylvania State University Urs Waelchli Institut für Finanzmanagement, Universität Bern © Petra Joerg, Claudio Loderer, Lukas Roth and Urs Waelchli 2006. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is given to the source. This paper can be downloaded without charge from: http://ssrn.com/abstract=690044 www.ecgi.org/wp ECGI ... Show more content on Helpwriting.net ... It can also be interpreted, however, as a debate about the purpose of the corporation–or about whose interests the corporation should ultimately serve. Various academics have joined the debate, arguing that there is an increasing consensus that managers should strive to maximize shareholder value, and that doing so maximizes social welfare. There is also a claim that managers are increasingly setting shareholder–value maximization as their main corporate target. This paper questions the existence of a widespread consensus that companies maximize shareholder value or should do so. Theoretical reasons to doubt the existence of a strong consensus are often related to the externalities that a focus on shareholder–value maximization would create. How corporations are run can affect, for example, the welfare of entire regions. Tirole (2001, p. 3) summarizes this line of reasoning by writing, "There is no denying that such externalities may be substantial [...]. Why should institution design ignore the natural stakeholders, and favor the investors, who are 'stakeholders by design,' by giving them full control rights and by aligning managerial compensation with their interests?" The doubts about the consensus on shareholder–value maximization, however, transcend financial externalities. Take the case of managerial compensation. Critics throughout the Western world have called for legal ... Get more on HelpWriting.net ...
  • 18. Pandor An International Jewellery Company Pandora is an international jewellery company specializing in rings, bracelets, and charms for women providing charms representing their life 's unforgettable moments. Pandora was founded in 1982 by Winnie and Per Enevoldsen in Denmark and has expanded over the past 30 years to more than 10,000 retailers across the globe with expectations of 275 more owned and operated stores in 2014 (Pandora,2014). With more than 9000 employees, 7000 employees are located in Thailand where all of Pandoras hand–finished jewellery is manufactured Pandora offers many franchising opportunities resulting in most Pandora stores being owned by independent retailers and a small amount owned and operated by the company. Pandora is a publically listed business on the NASDAQ OMX Copenhagen Stock Exchange in Denmark with a December annual year end. Pandora is a global company consisting of 10 members in their Board of Directors. The company has a audit committee as well as a remuneration and a nomination committee which is responsible for quarterly reporting back to the Board of Directors. Corporate Governance Corporate Governance involves the balance of controls between the stakeholders, managers, and directors of the organization (Corporate Governance, 2014). It includes the rules and practises used by a company to ensure its regulations are being met. Ensuring transparency, accountability and making sure a company meets all of its obligations Pandora continues to updates its ... Get more on HelpWriting.net ...
  • 19. Brand and Bestseller Bestseller A/S is a privately held family–owned clothing company based in Denmark. The company was founded in 1975 and has 10 brands. Today, Bestseller has well over 5,700 stores selling its product in more than 43 countries, which makes it one of the largest fashion companies in Europe.[1] [edit]History The company was founded in 1975 by Troels Holch Povlsen in Brande, Denmark, originally its focus was on women's fashion. It introduced children's clothing in 1986 and menswear in 1988. As of 2007, the company is family owned and it employs more than 39,352 people.[2] [edit]Brands The company has a number of big name and different brands under which it sells its clothing. The brands are listed below, and are sold both in the ... Show more content on Helpwriting.net ... "Happiness depends on what you can give and not what you can get," says Bestseller's Leitmotif regarding the development work. "We believe that it is not enough 'just' to give money, schools or hospitals to developing countries – if you do not understand the structure, the people or the culture of that particular country, it is not possible to make profound changes," he adds. In the future also, the company is committed to focus on projects that are certain to make a lasting and effective difference. Three projects that are currently in operation are a design school in India, sponsorships in Uganda and the Tsunami aid in Somalia and Tranquebar. Design School in India Bestseller supports a design school for traditional artisans in Bhuj, Gujarat, India, in co–operation with Kala Raksha, a local NGO. Bhuj had been devastated by an earthquake in January 2001, with its surrounding areas equally affected and in sore need of aid. We believe that it is not enough 'just' to give money, schools or hospitals to developing countries – if you do not understand the structure, the people or the culture of that particular country, it is not possible to make profound changes Kala Raksha has developed a new concept of a design school for traditional artisans with little or no formal education. The goal is to provide the artisans with knowledge about economy, production, design, and marketing of their own ... Get more on HelpWriting.net ...
  • 20. Credit Risk Management and Profitability in Commercial... Credit Risk Management and Profitability in Commercial Banks in Sweden Ara Hosna, Bakaeva Manzura and Sun Juanjuan Graduate School Master of Science in Accounting Master Degree Project No. 2009:36 Supervisor: Inga–Lill Johansson Acknowledgements After several months of hard work our thesis has been finished. Now it is time to thank everyone warmly who provided their kind assistance to us. First of all, we would like to thank our supervisor Inga–Lill Johansson, Associate Professor of our University, for her guidance all through our work. We would like to thank Andreas Hagberg, PhD Candidate, as well for giving us his constructive suggestions. We are grateful to Johan Sjömark, Credit Risk Control Department officer in ... Show more content on Helpwriting.net ... R2 BCBS CAR CCF Coef. CRD FIRB FSA ICAAP IFRS IRB LGD N NI NPL NPLR PD P–value R2 ROA ROE RORAC RWA SFSA Signif. TL TSE Adjusted R–squared Basel Committee on Banking Supervision Capital Adequacy Ratio Credit Conversion Factors Coefficient Capital Requirements Directives Foundation Internal Rating–based Financial Supervisory Authority Internal Capital Adequacy Assessment Process International Financial Reporting Standards Internal Rating–based Loss Given Default Number (of Observations) Net Income Non–performing Loan Non–performing Loan Ratio Probability of Default Probability Value R–squared Return on Assets Return on Equity Return on Risk Adjusted Capital Risk Weighted Asset Swedish Financial Supervisory Authority Significance Total Loan Total Shareholders' Equity iv Table of Contents 1. Introduction .............................................................................................................................. 1 1.1 1.2 Problem Discussion ......................................................................................................................... 3 1.3 Research question ............................................................................................................................ 4 1.4 Purpose ... Get more on HelpWriting.net ...
  • 21. Case Study: Officemax Case Study: OfficeMax 1. Introduction This assignment focuses on case study analysis, where we were expected to analyse and provide executable strategy for a specific corporate retailer. The 1997 case relates to OfficeMax, a superstore that primarily carries office equipment and supplies to small business and consumer markets. However, the company is seeking diversification and market share growth, with the prospect of a merger between the industry's number 1 and 2 office supply superstores, Office Depot and Staples. The current merger process is under scrutiny from industry watchdogs, and the role of these entities relative to the competitive ... Show more content on Helpwriting.net ... 2.3 Industry Analysis During the late 1990s, the office supply industry was retailed by the following entities (as defined further in Appendix 1): 1. SMME Speciality stores – who focussed on individual verticals in the industry. These stores were the dominant players prior to 1984, before losing the battle for cost leadership and scale of operations to superstores. Though the number of speciality stores have decreased, the strategy for survival of these stores has evolved to: a. Focus on goods that superstores would not carry, due to lack of supplier scale, low margins or focus on other product brands or contracts b. Joint buying power in the form of warehouse clubs c. Operation in areas not served by superstores d. Niche market focus, such as enterprises or educational institutions, whose needs are generally specific e. Product differentiation, especially with furniture and ... Get more on HelpWriting.net ...
  • 22. The Threat Of Stolen Credit Cards From Five Hackers Main Facts of the Case This case is a cyber hacker crime case that is a result of stolen credit cards from five hackers. There were several more involved in the act, but the five, located in the Ukraine and Russian area were the main perpetrators. The approximate amount of credit that was stolen was $300 million from various companies. The major companies include NASDAQ OMX Group Inc., Visa Inc., Dow Jones Inc., J.C. Penney Co, JetBlue Airways Corp and Carrefour SA (Post, 2013). The companies and the hackers involved were all a part of the same incidence. In the case, the hackers used firms' secured information of financial transaction at the point of sale to copy fake card information for their own use. They would be able to make large purchases using the data on the cards. The only information the hackers would need is the technology to gain access to the firms' information system, card numbers, and a method copy the cards. Fraud Opportunity triangle All fraud cases, there are motives to commit the crime. The motives can be discovered and possibly prevented for future attempts to steal sensitive information. In the case of the cyber–attack that cause the large amount of loss can be reviewed and determine outcomes to prevent the incident from occurring in a similar fashion. The fraud opportunity triangle, including the opportunity, pressure, and rationalization, discovery of how the fraud was initiated and taking measures for future prevention is vital for company ... Get more on HelpWriting.net ...
  • 23. Essay Financial Markets Deregulate Thanks to deregulation & technological advances, Financial Markets are all interlinked. Funds can thus be raised overseas, not only domestically. Deregulation is the process by which rules and regulations are removed or reduced in order to make markets increasingly efficient. The rationale behind this is that deregulation will promote competitiveness, and therefore result in lower prices and a more efficient marketplace. To realise the effect of deregulation and technological advances on financial markets, we first have to understand what financial markets are. Basically, a financial market is a mechanism that allows people to buy and sell financial securities, commodities and other fungible items of low value at low transaction ... Show more content on Helpwriting.net ... With easy accessibility of the Internet, financial information can be disseminated quickly and hence investors are able to make better–informed decisions. This accessibility of information and deregulation has encouraged foreign investments, and we can see the surge of new financial products and an increase in financial innovation in the markets today. Stocks can now be dual–listed, traded across markets in two different countries. For example, many large Canadian companies are listed both on the New York Stock Exchange as well as the Toronto Stock Exchange. There are also Brazilian–based companies listed on both the Brazilian and US stock markets. This adds greater liquidity to the companies' shares traded, and also gives investors more options as to where they can trade. The reduction of government restrictions has even allowed stock markets to take it one step further. We hear of the Nasdaq owning 31% of the London Stock Exchange's (LSE) shares and talks of acquiring it were in the works, but they have now decided to focus instead on taking over Sweden's OMX AB. In late June this year, the LSE announced a merger with the Borsa Italiana SpA for $2.19 billion. One would never have heard of this happening had widespread deregulation not occurred. In Singapore, the ability to trade stocks and shares has become easily accessible due to online trading. Real–time information on stock prices is ... Get more on HelpWriting.net ...
  • 24. Staples Website Case Study Staples website Tagline Staples: Make more happen Pros Staples conveys a wide combination of things in different characterizations, including a huge amount of family–and understudy arranged things. Despite offering supplies for understudies and minimal home work environments, Staples has things and organizations for medium, gigantic and wander level associations, for instance, contraptions, furniture, custom printing and advancement organizations, and mailing and sending equipment. Staples simple to utilize site recognizes every single genuine Visa, and moreover favoring cards, prepaid cards and discount cards. Then again, you can pay with Visa Checkout without making a Staples account. In any case, making a record is free and fast, and ... Show more content on Helpwriting.net ... The association in like manner has an esteem arrange certification, a broad online center and a rebate structure.  Easiest site to find your ink cartridges.  Carries the remarkable Tempur–Pedic check seats.  Best for: For the people who may need a respectable assurance of office furniture despite their office supplies. Cons Money, micromanage, environment was a part of the cons that I saw to be substantial in the wake of working there for quite a while. Comparison between all of above Over the earlier decade, the top player has been Staples (SPLS). Its unfaltering shares have routinely beaded those of more diminutive rivals Office Depot (ODP) and OfficeMax (OMX). With its size influence and transcendent execution, Staples has been ensuring bit of the general business, and out–winning adversaries through the long tedious downturn: Its wage improvement is better, also, in an industry where advancement is uncommon Staples beats the opposition if the measure is benefit for esteem, free pay. you get the photograph. It even gives a humble 1.50% benefit yield, while its two driving enemies pay ... Get more on HelpWriting.net ...
  • 25. The Pros And Cons Of CCP Interoperability CCP Interoperability Traditionally, Exchanges and post–trade Clearing and Settlement infrastructures have been vertically integrated. Trading on a particular venue automatically implied clearing and settling through the vertically integrated Central Counter Party (CCP) and Central Securities Depository (CSD). With MiFID emphasizing on best execution of trades across trading venues and the emergence of Multilateral Trading Facilities, (MTFs), competition between trading venues increased. As a natural progression of this, competition emerged in the post trading area amongst CCPs and CSDs to provide clearing and settlement services to trades executed on the new trading platforms. EMIR provided a further impetus to this by setting out common rules for CCPs, enabling recognized CCPs to offer their services across the ... Show more content on Helpwriting.net ... The guidelines cover documentation, legal analysis, general policies, procedures, systems and prudential requirements for risk and exposure management between interoperating CCPs. CPSS–IOSCO's "Principles for Financial Market Infrastructures" also outlines various types of risks introduced by CCP interoperability and sets out international risk management standards. In addition to the above mentioned risks, there are other challenges that are created by CCP interoperability like fragmentation of clearing volumes and increasing inter–CCP exposures. One idea being proposed to deal with inter– CCP obligations is to have a process of inter–CCP netting through an independent netting agent, where the independent netting agent would receive the inter–CCP obligations from all interoperating CCPs and perform netting to find out the net obligations of each CCP towards the other. In effect, this would appear to evolve as a 'CCP of ... Get more on HelpWriting.net ...
  • 26. Performance Evaluation of Finnish Mutual Funds Performance Evaluation of Finnish Mutual Funds 2014 TABLE OF CONTENT 1! ABSTRACT ............................................................................................... 1! 2! INTRODUCTION ..................................................................................... 2! 2.1.! Purpose ................................................................................................................. 2! 3! THE FINNISH FUND MARKET .............................................................. 3! 4! PREVIOUS RESEARCH ........................................................................... 5! 5! METHODOLOGY ..................................................................................... 8! 5.1.! Standard ... Show more content on Helpwriting.net ... In actively managed funds the manager tries to beat the market by selling and buying assets. Passively managed funds consist of a large number of assets and try to by diversification to perform as well as the market. The passively managed funds are much cheaper as they require less work and transactions. This research tries to address the problem from an investor's point of view, which kind of funds are the best ones to invest in? If the active funds would constantly outperform the market the effective market hypothesis should be questioned. Still there might be some funds that can beat the market due to luck or skill of the fund manager. There is evidence going both ways depending time period or researcher. By using risk measures and performance we will try to give some more insight in the discussion and the Finnish market situation at the moment. 2.1.! Purpose The purpose of this paper is to study the performance of the Finnish fund market through studying the individual funds on the market. 3 3! THE FINNISH FUND MARKET Most of the investments made by private investors in Finland are made via local banks, like in the rest of Europe. The Finnish banks charge high expenses in comparison to other banks for managing a mutual fund, which is most likely due to the fact that the private households in Finland are loyal customers to one bank and ... Get more on HelpWriting.net ...
  • 27. Case Analysis: Unilever And Kraft Heinz "AOL and Time Warner, Sanofi–Aventis and Genzyme Corp, and Nasdaq OMX/Intercontinental Exchange and NYSE Euronext". Do these corporations ring a bell? They are, in order, the top three most hostile takeovers of all time. The question that recently arose in the corporate governance industry was whether Unilever and Kraft Heinz would be added to the list of hostile takeovers. With the approval of their key investors, Warren Buffet and Jorge Lemann, the in 2015 formed merger company Kraft Heinz offered Unilever 143 billion US dollar as an attempt to seal what could have been the second–largest corporate deal in history. Unilever and Kraft Heinz combined would create a food and beverage giant worth $84.8 billion, a close second to Nestle, which is worth $91.2 billion. ... Show more content on Helpwriting.net ... Kraft Heinz has a month to make a firm and final bid before the company is obligated to surrender and wait six months before being allowed to attempt a new takeover. Due to this rule drafted in U.K. takeover rules and the initial decline from Unilever, it had every sign of becoming a hostile takeover. If Kraft Heinz had not withdrawn their bid, would this have turned into a hostile takeover, would Unilever be protected, in what way and should protection even be necessary? This essay will focus on different methods of somewhat rather controversial strategies of protecting your company from hostile takeovers and whether Unilever is already protected from hostile takeovers and if protection is ... Get more on HelpWriting.net ...
  • 28. Fundamentals of Futures and Options Markets 7e http://helpyoustudy.info CHAPTER 1 Introduction Practice Questions Problem 1.8. Suppose you own 5,000 shares that are worth $25 each. How can put options be used to provide you with insurance against a decline in the value of your holding over the next four months? You should buy 50 put option contracts (each on 100 shares) with a strike price of $25 and an expiration date in four months. If at the end of four months the stock price proves to be less than $25, you can exercise the options and sell the shares for $25 each. Problem 1.9. A stock when it is first issued provides funds for a company. Is the same true of an exchangetraded stock option? Discuss. An exchange–traded stock option provides no funds for the company. It is a ... Show more content on Helpwriting.net ... The profit as a function of the stock price is shown in Figure S1.1. Figure S1.1 Profit from long position in Problem 1.13 Problem 1.14. Suppose that a June put option on a stock with a strike price of $60 costs $4 and is held until June. Under what circumstances will the holder of the option make a gain? Under what circumstances will the option be exercised? Draw a diagram showing how the profit on a short position in the option depends on the stock price at the maturity of the option. http://helpyoustudy.info The seller of the option will lose if the price of the stock is below $56.00 in June. (This ignores the time value of money.) The option will be exercised if the price of the stock is below $60.00 in June. The profit as a function of the stock price is shown in Figure S1.2. Figure S1.2 Profit from short position In Problem 1.1 Problem 1.15. It is May and a trader writes a September call option with a strike price of $20. The stock price is $18, and the option price is $2. Describe the investor's cash flows if the option is held until September and the stock price is $25 at this time. The trader has an inflow of $2 in May and an outflow of $5 in September. The $2 is the cash received from the sale of the option. The $5 is the result of the option being exercised. The investor has to buy the stock for $25 in September and sell it to the purchaser of the option for $20. Problem 1.16. An investor writes a ... Get more on HelpWriting.net ...
  • 29. Staples Case Study Staples website Tagline Staples: Make more happen Pros Staples carries a wide assortment of items in various classifications, including a ton of family–and understudy situated items. Notwithstanding offering supplies for understudies and little home workplaces, Staples has items and administrations for medium, huge and venture level organizations, for example, gadgets, furniture, custom printing and innovation administrations, and mailing and sending hardware. Staples easy to use site acknowledges all real Visas, and additionally blessing cards, prepaid cards and refund cards. On the other hand, you can pay with Visa Checkout without making a Staples account. Be that as it may, making a record is free and quick, and it has extra advantages like reliability focuses, email coupons ... Show more content on Helpwriting.net ...  Carries the outstanding Tempur–Pedic mark seats.  Best for: For the individuals who might want a decent determination of office furniture notwithstanding their office supplies. Cons Cash, micromanage, environment was a portion of the cons that I observed to be valid in the wake of working there for a long while. Comparison between all of above Over the previous decade, the top player has been Staples (SPLS). Its steady shares have routinely beated those of littler opponents Office Depot (ODP) and OfficeMax (OMX). With its size leverage and predominant execution, Staples has been guaranteeing piece of the overall industry, and out–winning opponents through the long repetitive downturn: Its income development is better, as well, in an industry where development is rare Staples beats the competition if the measure is profit for value, free income . . . you get the photo. It even gives a humble 1.50% profit yield, while its two driving adversaries pay nothing. A segment balanced for a recurrent climb. Which to purchase? YCharts Pro says OfficeMax, generally considered the tired man of the three, is overrated. Scratch ... Get more on HelpWriting.net ...
  • 30. Australia 's Major Securities Transactions ASX Limited (ASX): Brief Introduction: An Australian public company (ASX: in Australia 's major securities transactions, the Australian Securities Exchange. This was created in July 2006 through a merger Australian Stock Exchange and the Sydney Futures Exchange. ASX group is a market operator, clearing and payment systems facilitator. It is also responsible for monitoring compliance with the Rules, the promotion of corporate governance standards in the Australian listed companies, would help in the education retail investors. Australia 's capital markets: Financial Development – Australia ranked 5 of 57 world–leading financial systems and capital markets in the World Economic Forum. Stock Market – 8 in the world 's largest (based on free–float Market capitalization issue) and in the Asian and Pacific the maximum of 2 and 1.2 trillion dollars in market capitalization and average daily in the 2 market transactions in the $0 a day. Bond Market – 3 maximum debt market in Asia Pacific region. Derivatives market – the most fixed income derivative products in the Asia–Pacific region. Product: The products and services provided on the Australian Stock Exchange transactions including stocks, futures, foreign exchange transactions, warrants, contracts for differences, exchange–traded funds, real estate investment trusts, listed investment companies and interest rate securities. The largest stock on the Australian Stock Exchange trading, the market capitalization, including , , ... Get more on HelpWriting.net ...
  • 31. Cybercrime Is Crime That Involves A Computer And A Network Cybercrime is crime that involves a computer and a network. The computer may be used in the commission of a crime, or it may be the target. Debarati Halder and K. Jaishankar (2011) define cyber–crimes as: "Offences that are committed against individuals or groups of individuals with a criminal motive to intentionally harm the reputation of the victim or cause physical or mental harm, or loss, to the victim directly or indirectly, using modern telecommunication networks such as Internet. Such crimes may threaten a nation's security and financial health. Issues surrounding these types of crimes have become high–profile, particularly those surrounding hacking, copyright infringement, child pornography, and child grooming. There are also problems of privacy when confidential information is intercepted or disclosed, lawfully or otherwise. The most popular cyber–crime in the present include fraud and financial crimes, cyber terrorism, cyber–extortion (occurs when a website, e–mail server, or computer system is subjected to or threatened with repeated denial of service) and cyber war fare. Practical cases of cyber–crimes recorded within the last 10 years. In July 2013, Federal prosecutors charged five men responsible for a hacking and credit card fraud spree that made companies lose more than $300 million and two of the suspects were taken to custody in what is termed as the biggest cyber–crime case filed in U.S.A. history. They also disclosed a new security breach against Nasdaq ... Get more on HelpWriting.net ...
  • 32. Case Study: Abercrombie & Fitch 1. Abercrombie & Fitch (ANF) uses US GAAP as its accounting standards, as required by US securities regulators and accounting conventions (2009 ANF Annual Report). The Securities and Exchange Commission strongly recommends the use of the most up–to–date GAAP taxonomy in the preparation of financial statements and communications for American public companies (SEC.gov, 2011). H&M is a Swedish company, and its stocks are listed on the OMX Nordic Exchange in Stockholm (Hm.com, 2012). Firms listed on the OMX Nordic Exchange are to prepare their financial statements in accordance with International Financial Reporting Standards (IFRS) as adopted by the EU, and these principles must be used in the preparation of any financial report (NasdaqOMX.com, 2011). 2. In Stockholm, the audit report is part of the annual financial report, and is therefore subject to the same set of standards as the rest of the financial report, IFRS, and the generally accepted accounting standards of Sweden (H&M 2009 Annual Report). The 2009 annual report for Abercrombie & Fitch notes that the company's auditors, PriceWaterhouseCoopers, "conducted (its) audits in accordance with the standards of the Public Company Accounting Oversight Board" of the United States. This is the normal set of accounting standards used for the auditing of publicly– traded firms in the United States. As with the accounting standards that these two firms use, the difference in the auditing standards relates to the different nations ... Get more on HelpWriting.net ...
  • 33. Case Study : Starbucks, Inc. ORG 530–2 CT 6: Starbucks, Inc., & CSR: Reporting & Analysis This paper will examine Starbucks, Inc. CSR and sustainability practices from the viewpoint of a potential socially responsible investor performing due diligence. Two indices will be used to compare and contrast the company 's CSR report which measure the CSR practices of corporations; also, the usefulness of these two indices for research purposes will be evaluated, critiquing the credibility and limitations of each index. A report will be formed addressing Starbuck's CSR performance and strategies based on the analysis. CSR: Rationale & Evaluation A potential investor performing due diligence in researching an investment target should first realize the psychological effects potentially present in CSR reports; Elliott, Grant & Rennekamp (2015) found CSR reports employ strategies couched in either community or global efforts, and styles used to frame CSR performance often centers on a particular presentation style designed to achieve an organization's goals. These two prominent disclosure features tend to focus potential or actual investors thoughts about an organization and its actual or stated CSR efforts; and can have different effects on investors considering the way an individual processes numerical information, leading to the possibility that an idealization between the strategy frame and the presentation format of an organization's CSR report can cause susceptible investors to be more inclined to make an ... Get more on HelpWriting.net ...
  • 34. Operation Management Of Zara INTRODUCTION TO ZARA "Management is efficiency in climbing the ladder of success", Stephen R Covey once said. Operations management is in charge of customers' needs and satisfaction. Its aim is to live up to its existence. The reason of its existence is to succeed in purchases, products quality, quality control, stockpiling and logistics. All this accomplished, the results are bound to be remarkable. Zara is an illustrative example of the correct operations management. The first shop was set up in La Coruna and so far sixty eight countries have had their own Zara store. This progress happened very fast and successfully. We can all understand that the system of Zara works properly and people of Zara do their work effectively. The way they design, they produce, they sell things is surely the appropriate. Moreover, there is a wide variety of products every season which leads to its constant success. ( "How Zara Grew Into the World's Largest Fashion Retailer". The New York Times. 9 November 2012) COMPANY BACKGROUND TO ZARA Zara is a dress retailer who has taken another approach in the business. It was established by Amancio Ortega in 1963 in Spain. Its guardian organization is claimed 60% INDITEX by the Ortega family and Inditex has completed in 2005 to 6.741 billion ... Show more content on Helpwriting.net ... Hence, they oversaw by one means or another to democratize extravagance maker of items propelled by the development of design. With this approach, Zara is presently an industry fit for offering popular items at reasonable costs. Then again, it is an organization that needs to be near to youngsters. Additionally, this yearning is felt in its enrollment arrangement. Zara youthful workers with styles extremely checked design. On the other hand, Zara comprehends what precisely the clients need and react to their needs rapidly. That is the primary mystery of Zara, which issues them an upper ... Get more on HelpWriting.net ...
  • 35. Healthcare Stakeholders: A Healthcare Economic Study Healthcare can be complex and have many parts with ensuring the most quality and efficient care that are being recommended to all care providers. The economics in healthcare is a study of what goes on behind decision making and what people value and how they make their decisions based on the things they value. The goal of an economic study in that regard is to find out how to make health more valuable than other things people could be spending their time, money and energy on when looking at the access economic policy recommendations for healthcare stakeholders. Stakeholders, hold a significant role in healthcare clinical decisions and indications that supports that decision. The evaluation provides a background to make the best practice of ... Get more on HelpWriting.net ...
  • 36. The Corporate Soul is the Culture of an Organization ORGANIZATIONAL CULTURE INTRODUCTION: Just as society has a culture, so has an organization. Organizational culture has been called 'Corporate soul' (Singh and Paul 1985). The spirit and the ethos that precolates all aspects of organizational behavior and like societal cultureit cannot be seen directly. It has to be inferred by peeling out the most external, tangible, and hence visible sheaths of an organization to the most central and invisible values, beliefs, and assumptions regarding how and why people work and relate with each other within an organization. Organizational culture consists of the following five layers (J.B.P Sinha 1990) : 1) Organizational mission, vision, goals, objectives, strategies and the underlying philosophy of management. 2) Organizational structure, systems, work forms, technology, capital structure, and other physical features of an organization. 3) Groups characteristics such as power and authority structure, group dynamics, leadership, and forms of work and social relationships. 4) Work and non– work practices and behavior. 5) Assumptions, beliefs, values, and norms regarding work as domains such as family, community, leisure, religion. Organizational culture is a term widely used but one that seems to give rise to a degree of ambiguity in terms of assessing its effectiveness on change variables at a work place or in an Organization. Organizational culture at any organization is defined as " A system of shared meaning held ... Get more on HelpWriting.net ...
  • 37. Marketing Strategy of Samsung Mobile Objective To study the marketing strategy and gain an insight on Samsung Mobile India Samsung Group The Samsung Group is South Korea's largest company or chaebol and the world's second largest conglomerate by revenue, leading several industries in the world. It is composed of numerous international businesses, all united under the Samsung brand, including Samsung Electronics, the world's largest electronics company, Samsung Heavy Industries, one of the world's largest shipbuilders and Samsung Engineering & Construction, a major global construction company. These three multinationals form the core of Samsung Group and reflect its name – the meaning of the Korean word Samsung is "tristar" or "three ... Show more content on Helpwriting.net ... In addition, Samsung Shipbuilding is formed 1982: Samsung establishes a professional baseball team 1983: Samsung produces its first computer chip: a 64k DRAM chip Lee Byung–Chul founded Samsung in 1938. It started as a small trading company with forty employees, located in Seoul. The company did fairly well until the Communist invasion in 1950 which caused great damage to his inventories. He was forced to leave and start over in Suwon in 1951. In just a year, the company's assets had grown twentyfold. In 1953, Lee created a sugar refinery–the South Korea's first manufacturing facility after the Korean War. "The company prospered under Lee's philosophy of making ... Get more on HelpWriting.net ...