Investment banking

participatory. The final feature was good governance which meant establishing good governments that were not corrupt, had a formal rule of law, and were transparent. The main goal of the PWCR approach was for countries to create a good environment for investment which would allow the market to thrive and this would be done by financial…

The Classical Model is an economic model that “was the first systematic attempt to explain the determinants of the price level and the national levels of real GDP, employment, consumption, saving, and investment”. (Miller, 2016) It is a model that implies that an economy is self-regulating and that the supply of goods is proof of their demand. It is based on the idea that the market is always at, or near, real GDP and that the market itself will work to bring the economy back to the real level…

Winn’s customer service achievement plan included a bonus payout program in which management paid employees a bonus of up to $200 if the employees fulfilled the quarterly customer satisfaction goal, regardless of operating income results. Harrah’s measured customer satisfaction through monthly customer surveys, in which patrons graded by a letter system, A through F. Winn discussed the strategy behind the program “If a department could convert 4% of non-A’s to A’s, it would qualify for a bonus,”…

i. Current Assets are the items on balance sheet of an entity which are in the form of either cash, equal to cash or can be converted to cash within next one year. For example: investments, foreign currency, cash, inventory, receivables and work in process(Kumar, 2014). ii. Noncurrent Assets are the long term investments of an entity which full value cannot be realised within one year of balance sheet date. Examples are: plant, equipments, furniture, vehicles, land, building, brand recognition,…

The writer Robert Kiyosaki stated ‘What makes financial literacy and aptitude more powerful than money itself?’ which was a remarkable question written in his book ‘Rich Dad Poor Dad’, in which he explains the importance of financial literacy. Reading this book inspired me to research more about finance and lead me to choose to study it at University as I understood the huge amounts of benefits of being financially cultured such as being able to make financial decision which would save money.…

The essay “Social Capital Killing Communities” was written by Ryan MacNeil to fulfill the requirements of a “Theory of Local Economic Development” class in December of 2004. MacNeil’s essay attempts to rationalize an argument that social capital is both not damaging non-urban communities and may in fact be an advantage for economic growth in rural areas if researchers would only look beyond simple GDP growth to measure prosperity. MacNeil’s entire hypothesis is based on GDP being an inaccurate…

In her work, “Regional Advantage: Culture and Competition in Silicon Valley and Route 128,” Annalee Saxenian observes the economic development of two very distinct regions, as aforementioned in the title, Silicon Valley and Route 128. Although, much of domestic economic growth can be witnessed at the regional level; the course of economic development is as distinct as the regions themselves. It’s no secret that Silicon Valley turned out to be the more successful of the two. With the use of…

Summary The Republic of Turkey will celebrate its centenary in 2023. Its economic goal is to rank among the world’s 10 biggest economies. To move from its current 17th position, Turkey will have to grow on average 8% per annum. The researcher describes the history of relationship between Turkey and EU. Turkey is a veteran of candidates for membership in the European Union; its associate membership in this organization has been going on for more than forty years. However, the long wait, does not…

was able to generate enough cash flow to cover their operating expenses and investments in assets. QUESTION (D) Analyse the firm’s financial condition in 2015 as it relates to liquidity, activity, debt, profitability and market, using the financial statements provided in Tables 2 & 3 and the ratio data included in Table 5. Be sure…

period based on its statement of cash flows. This is a good sign the company’s business has been running smoothly. High positive cash flow is the preferred state for any business as this will create opportunities to further the growth and make new investments. The key to a positive cash flow requires organization and planning (Clarke, 2014). Furthermore, an understanding of cash flows and the nature of each cash transactions will be a valuable tool in managing and planning business…