Australian Securities Exchange

Nonetheless, it attracts a largely diversified market, with the main purchasers being Asian nations such as China as well as European nations such as Germany. Similarly, BHP’s coal is largely mined within Queensland and purchased by specialised manufacturing nations such as China (IBISWorld: BHP Billiton Limited, 1999-2017). At the heart of BHP Billiton’s corporate strategy lies its’ values of health, integrity, safety and respect, with proposed further focus on environmental sustainability and progressive development and performance (BHP Billiton: Our Charter, 2017). Currently, BHP Billiton’s mission is to pursue and maintain moderate to high levels of growth in the aim of profit maximisation with on-flowing positive effects for the Australian economy through economic growth and valuable employment outcomes through job provision (BHP Billiton: Our Approach, 2017). BHP Billiton’s vision is integrated into their current mission as well as being a long-term approach in creating company strategy, aiming to provide value for business stakeholders via efficient and effective “discovery, development and conversion of natural resources” (Christopher Tipler, 2017). Furthermore, by focusing on their historic processes of ‘purchasing large, cheap and long-life’ products, they are able to attain higher company value and redistribute this to shareholders. (Christopher Tipler, 2017) PESTLE BHP Billiton operates as a globally integrated business and is therefore subject to a variety of…

pressure on politicians to introduce policies which may hinder the operation of the company in favour of environmental concerns. Economic As a company with net operating cash flows at US$10.6 billion for financial year 2016 (Annual Report, 2016) BHP is highly exposed to global economic trends. Fluctuations in commodity prices can have a significant impact on financials as “a US$1 per tonne decline in the average iron ore price and US$1 per barrel decline in the average oil price would have an…

example, if I must work with peers, I would use consultation tactic because as a same level of people I can ask and help each other. I can get more ideas and share knowledge with my peers, so working peers are good influence and motivation. Another example, if I want to influence the guy that I have not met before, I would use ingratiation and exchange tactic. Combine these two tactics can be powerful because I can show the guy how much I am interested in with him. If I say “I like your tie and…

Background Introduction Cryptocurrencies are a digital form of exchange that use encryption to secure the processes involved in conducting transactions. They are a subset of digital currencies having no physical representation. Unlike other forms of currency that are backed by a central bank, cryptocurrencies operate as a a completely decentralized system meaning there is no governing body verifying transactions. Cryptocurrencies consist of more than just Bitcoin. It 's structure is followed by…

a big bank environment and provides all the products and services offered by the big banks. To remain competitive in banking in the foreseeable future the bank will have to continue to invest heavily in Technology. The younger generation is technology driven and expects the bank to come to them versus them visiting the bank. The major up and coming competitive concern to the Bank is crowdfunding. Crowdfunding is the practice of funding a project or venture by raising numerous small sums of…

SWOT Analysis The SWOT Analysis is an integral part of the situational analysis of an organization. In evaluating the strengths, weaknesses, opportunities, and threats of a business, valuable information can be obtained concerning critical issues which may have the potential to positively or negatively affect the future success of the organization. The SWOT Analysis begins with an internal assessment of the firm’s strengths, and weaknesses, and then looks at the external opportunities and…

the great depression, the U.S. Securities and Exchange Commission (SEC) was established with the guiding principle to instil confidence in current and potential holders of stocks and bonds that publicly traded companies are managing funds efficiently and appropriately, which is to be achieved through “full disclosure” of the organizations’ financial performance in the form of quarterly and annual financial statements (Callahan, n.d.a, p. 1). Nevertheless, since the inception of the SEC, there…

reported about Stratton Oakmont and the success of their over-the-counter stocks. Articles since 1991 report multiple companies’ stocks issued by Stratton boost quickly and plummet suddenly. The New York Times was not the only one picking up on Stratton’s deviant activity. The Securities and Exchange Commission received complaints about Stratton Oakmont. In 1991, the SEC opened an instigation of Stratton Oakmont’s sales practices. By 1992, the SEC filed a permanent injunction with the Federal…

considering employment with is not registered properly as required under the Securities Act of 1933, the first thing I would do if find out why. According to the SE website, there are exemptions allowed for certain securities, including “private offerings to a limited number of persons or institutions, offerings of limited size, intrastate offerings, and securities of municipal, state, and federal governments” (U.S. Securities and Exchange Commission, 2011, para. 3). It is also of importance…

The registration statement must be filed with the SEC before the initial public offering. An auditor is considered an expert under this section of the law; therefore, I can be held liable for issuing an incorrect opinion on Cardozo & Co.’s financial statements. Investors who purchased shares at the IPO and those who purchased shares in anticipation of the merger can sue me, the auditor, since under section 11 of the Securities Act of 1933 I am an expert who issued an opinion on Cardozo & Co.’s…