1.What are conversion factors? Why were conversion factors developed? How do they impact on which bond is cheapest to deliver? Under what conditions would there be no cheapest to deliver? Explain in detail.
The members of the board are tasked with designing the organization’s structure and determining how different aspects of the organization will interact. Since the only source of revenue for Making a Change, LLC, is monies it receives from businesses and our philanthropist community who may or may not be looking to invest in the organization’s cause and/or for tax purposes.
On January, he wants to develop a strategic planning session where his new board members can start on building a new future and helping other members expand their businesses. One of their
To improve the performance of the board of directors it is recommended that the following be implemented:
Board members will consist of members with a variety background. An election committee will be formed to interview and make recommendation for possible members. No member will be related to another member and only two members from the same field. Having broad
The board of directors consists of the audit committee of a company. The audit committee is responsible for recommending the Board for the independent auditing firm retained for the coming year, subject to stockholder ratification. What’s more, they meet the independent auditors, the company’s
Webster Financial Corporation or better known as Webster Bank has been helping families, individuals, and businesses achieve their financial goals for more than three generations. Webster Bank has over 3,000 employees that are working towards the company’s values, which is to meet their customers’ needs. They also want to gain and keep customers’ trust, respect their dignity, and to work with the customers’ to achieve the best results possible. Webster Bank extends through
CAI has already seen the adverse effects of a member with his own agenda, but a bad board member is far less potent in a larger group than in a smaller group. It also allows for the board to collect a multitude of members with a wide variety of skills that could improve the organization. With more members with fewer responsibilities, each member could hone their skills and accomplish their set goals more efficiently (Worth, 2009, p. 115).
Achieving this goal will not be an easy process by changing the culture of the organization. “Strategic planning entails a series of judgments, made under uncertainty, that companies direct toward making strategic decisions” (Martocchio, 2014, p. 17). This will require team participation, communication, strategy plan, and feedbacks. It is important to be open minded to changes in the workplace.
Although stockholders are not directly participated in the management team of the company, it has adopted a series of methods to keep the company head in the direction to fully represent the interest of shareholders and maximize their profit. The Staples Board is established and committed to highly
The provision of information (information utilization) to board members is critical, especially since they are not part of the day to day operations of an organization and are not privy to what is occurring on a day to day basis due to their limited time commitment (Zhu et al, 2016). This information sharing prevents external board members from being disadvantaged (Zhu et al, 2016). The information provided to board members must analyzed to formulate an understanding of the information while using additional information (external and previous information) to be
Board members need to be active players in shaping the company, and one of their key responsibilities is to oversee the entire succession process. There has to be an effective management development program for the entire organization. Such a program should have the following characteristics:
Publication of operations results as required by the SEC is a process that must involve the reconciliation of company’s financial records. Most business corporations update their financial statements and publish financial reports at the end of the financial year. Cost minimization is one way of maximizing profits. Publicizing the operating results on a quarterly basis is very costly to the firms, and it reduces the long-term profitability of the corporations due to high annual operating costs. The publication of corporations’ operating results on a quarterly basis guarantees the investors high security of their investments. As such, they tend to have more confidence in the ability of the companies to meet their financial obligations. The two competing objectives need high management skills to be harmonized. Though the investors’ security guarantee is essential, the Security and Exchange Commission should consider changing regulations of public corporations and require them to publicize their operating results annually since this will ensure high long-term profitability.
To start any business activities in an organization or a group of it calls for the managers to decide on how to finance the whole project execution; managers are compelled to seek consultative meetings from which a lot of thoughts and strategic plans are laid down systematically. To start the business, owners or shareholders are required to make a choice and put attention to the existing multiple and differing financing options, terms, and conditions that require contractual arrangements. It is, therefore, important for business people to review all the available financial options while taking into consideration for conditions to be met in order to have the project commencing at the anticipated pace. This paper, therefore, will seek to
Increasing attention is being paid to narrative reporting or the ‘front end’ of the annual report. All companies are currently required to prepare a directors’ report containing certain basic information.