by expanding its banking operations in Canada using low cost strategy. It achieved low cost in its operations by offering easy enrolment processes without any service fees. Bank also offers high interest rates on deposits and low rate on loans, which also helped it to achieve big market share. In the case we also got informed shortly about work process and organisational structure of company. However after some time as the company grew it faced obstacles which could affect its growth. The case…
percent in December of 2016. It implies that, consumers have to pay higher interest rate when they are borrowing money from banks. It will create favorable situation for bank. However, due to having higher interest rate the disposal income of consumers will reduce and it will limit the personal saving within banks. Therefore, it will reduce income source of bank and bank has no money to invest and lend to customers. In considering unemployment rate of Maldives, it has decreased from 1 percent…
to incapability to catch up his studies because he plays online game too often. He became an arm dealer sells his online game weapons to his online-gamers and earned extra income. He learned how to make money with his hobbies. Soon after, as it is an illegal thing to do online, his online account has been closed because of some reason. With his saving, he found new business opportunity to sell DVD players. Later, he found out that all the DVD players are fake branded and his savings being duped…
detailed numbers as part of its move to raise funds for the first Islamic bond issue. Accordingly, the National Bonds Corporation is subject to international audit mechanisms, more so now due to the financial crisis of 2007/08, that led to the loss of money by many investors. With a net worth of paid-up capital to the tune of AED 150 million, several issues that contribute to such figures must be examined, hence this report on its corporate governance structures. This report is for a…
He covers various tactics used by IOC groups to take from financial institutions i.e. money laundering, insiders, fraud, high-tech intrusions and interceptions of financial data. Ott then goes on to examine US Department of justice efforts to counter IOC threats. Some examples of these efforts are prioritizing and target the most significant…
with Casumo? Casumo has always been a brand that has stood at the forefront of innovation when it comes to online gambling. If there is new technology being launched you can almost be sure that they are the ones that will bring it to the mainstream market. 2015 is set to be a very big year for the company and looking at what has happened already, it looks like they’ve set a precedent during Q1. Play’n GO Social gaming has been something that many players have been crying out for and it seems…
Franklin Delano Roosevelt, a distant cousin of Theodore Roosevelt, was born on January 30, 1882 in Hyde Park New York. He was born into a wealthy family that also had been very prominent for the past 7 generations because of real estate and trade. He learned to hunt, ride horses, and sail; he also developed a lifelong commitment to conservation and a love of rural areas in the US. Roosevelt was educated at the Groton School for boys in Groton, Massachusetts. This was a bad experience for him…
is growing or shrinking in size, the measure of total output calls the real gross domestic product is used. The real gross domestic product (Real GDP) is the market value of all final goods and services produced within a country in a giving period. Every legal goods and services paid for that can be tracked makes up the Real GDP. The market value is the benefits of all final goods and services produced even if the total output falls. If the Real GDP falls significant for a certain period of time…
Acme Products, Inc., requires a new machine to produce a part for a heat generator. Two companies have submitted bids, and you have been assigned the task of choosing one of the machines. Cash flow analysis indicates the following: Year Machine A Machine B ---- --------- --------- 0 -$1,000 -$1,000 1 0 417…
researchers state that the recommendations accuracy has been a discussed topic of debate. William and Bakers say that the research done recently shows that the agreed upon analysis has not been leading to greater net returns compared to the average market research. But the researchers state the problem with recommendations are Baker and Dumont (2014) : there was evidence that analysts are subject to incentive and heuristic-based biases, which can lead them to recommend equities for reasons other…