Attributes of an MBA Graduate. 1. Emotional and Spiritual Quotient 2. Glocal Cognizance (Global awareness + Local relevance) Development of intercultural competencies is today’s need of the hour. In order to know more about other countries and cultures MBA learners should cultivate a natural curiosity to Think Global and Act Local. MBA learners visit a number of countries due to business reasons. They work with a number of global companies as expatriates. It is imperative for today’s MBA…
was due to banks lending out loans to less qualified borrowers. As a result, these borrowers couldn’t pay back their loans to the banks causing a huge economic downturn and the closing of several multinational banks. I knew the downturn of 2007 was bad. However, I did not know today’s society…
financial insiders declined to be interviewed with the director himself. “So many people refused to go on camera. I tried almost everyone from the Obama administration, from the president on down, plus all the presidents and top executives of the banks. They all refused”, he said. (Kors,…
Check kiting is an illegal practice that takes advantage of the time it takes checks to clear the payment system. This time, known as float, allows the “check kiter” use of nonexistent funds. Kiting can lead to enormous account balances on paper – and a loss for the credit union when the kite eventually collapses. In fact, check kiting is considered the largest loss exposure associated with any share draft/checking account program. Losses from check kiting can threaten the solvency of a credit…
practices Emirates NBD is a semi government owned bank in Dubai that was formed in the last quarter of 2007 when its shares were officially listed on the Dubai Financial Market (DFM) following a merger between the second largest bank Emirates Bank International (EBI) and the forth largest bank National Bank of Dubai (NBD). The merger went on to become a paragon in the banking and finance sector in the region making Emirates NBD the largest bank in the region in 2008 , today Emirates NBD is the…
the company’s economic development because they believe the more the company gets, the more they will do to benefit the…
A. The United States government has never taken major action that has helped Native Americans. In it best light, the government has given a halfhearted apology in 2009. This was hidden away in a military spending bill, complete with a disclaimer that nothing it contained authorized or served as a claim against the United States government itself. At its worst, the government has slaughtered hundreds of native men, women, and children for their land and resources. This was particularly evident…
Lynas Malaysia Sdn Bhd is a wholly owned subsidiary of Lynas accountable for the development of the company’s rare earths processing plant at the Teluk Kalong industrial park, in Kemaman on the east coast of Malaysia. The Malaysian Minister of Finance has approved the project with special tax incentives to Lynas for operating a rare earth deposits plant in Malaysia (Lynas Corporation Ltd, 2007). Some of the tax incentives include a pioneer status secured for the Kemamam Rare Earths Processing…
Show your support for your state and country by purchasing a New York State flag. A flag expressing the motto “Excelsior” Latin for “ever upward” loosely translated to mean superior or above. Since its declaration of independence from Great Britain New York has experienced more growth in population that any other city in America. The population in the city of New York is slightly above 8 million people easily doubling the population of the next city LA. The NY flag symbolizes inland and foreign…
I believe that Bernard Madoff did not work alone. I also believe that he had help in creating and sustaining his Ponzi scheme. I do believe that this represents a conflict of interest. I believe that Bernard Madoff did not work alone. It is hard for me to image one individual working alone to create such the scheme. I believe that Bernard Madoff worked with someone, maybe his wife, to keep the money and paperwork shady. This also adds to my belief that he had help in creating and sustaining…