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- Give atleast one non-bank financial institution in the Philippines and explain the ff. a.) Name of the institution b.) Brief history of the institution c.) Identity the rights and power of the institution. How to they apply it in their company?CASESTUD: Krisha Water CompanyMary Krishna established her company, KrishnaWater, Inc., to market a product designed to purify drinking water. Environmental Control produces the product, which yet to branded inc., a corporation that focuses primarily on water purification and filtering products for industrial markets. Krishna Water is a small but growing business. Mary started the business with only $20,000, which came from his savings and loans from several relatives. Mary manages the company with a secretary and six full-time salespeople. Besides, he employs two college students part-time; they make telephone calls to prospect for customers, offer administrative support and set up appointments for a salesperson to demonstrate the unit in the customer’s home. By holding spending to a minimum, Mary has kept the firm’s monthly operating budget at only $4,500. Most of that goes for rent, his secretary’s salary, and other necessities like computer supplies and telephone bills.The…CASESTUD: Krisha Water CompanyMary Krishna established her company, KrishnaWater, Inc., to market a product designed to purify drinking water. Environmental Control produces the product, which yet to branded inc., a corporation that focuses primarily on water purification and filtering products for industrial markets. Krishna Water is a small but growing business. Mary started the business with only $20,000, which came from his savings and loans from several relatives. Mary manages the company with a secretary and six full-time salespeople. Besides, he employs two college students part-time; they make telephone calls to prospect for customers, offer administrative support and set up appointments for a salesperson to demonstrate the unit in the customer’s home. By holding spending to a minimum, Mary has kept the firm’s monthly operating budget at only $4,500. Most of that goes for rent, his secretary’s salary, and other necessities like computer supplies and telephone bills.The…
- Poor Corporate Governance has been cited as one of the major causes of the collapse of the seven banks by BoG, and other financial analysts. Board level and senior management where either inactive or engaged in activities that inured to their personal interests rather than to the growth of the banks. Discuss and explain the role of the board and its committees in these catastrophic failuresHow the Business and Faith Integration correlate to Managerial Finance. How to Integrate the Managerial Finance concepts and integrate the Managerial Finance with Biblical concepts.How the Bible is related to the Managerial Finance4.2 explain risk financing and risk management to ease the above financial strain thatbusinesses suffered.
- Are perishable and homogeneous properties alike? How the possibilities of usury could be avoided in dealing with these properties?Naboni Enterprises Naboni was established in 1996 by Mr. Nicholas Menyani following a decision by the government of Zambia to liberalize the Zambian economy. Prior to 1991, the Zambian economy had been dominated by government ownership of business enterprises, resulting in many enterprises being state-owned. The liberalization of the Zambian economy in the nineties was an opportunity for the private sector to own and run business. It was this opportunity that led to the establishment of Naboni Enterprises by Nicholas Menyani to supply transformers to the mining companies on the Copperbelt. Supplying to the mines was a lucrative business. The mining sector was key to the Zambian economy: it not only contributed about 90 percent to the country’s tax revenue, but many manufacturing and commercial establishments depended on doing business with the mines for survival and prosperity. Because of the mining sector’s critical role in the Zambian economy, the Zambian government had, for…As required by the SEC (Securities Exchange Commission) Apple has made the Form 10-K annual report available on itswebsite. The Form 10-K contains – amongst other things – information on Apple’s business strategy and organisation, thecompany’s risk factors, legal proceedings and financial data. It also includes the business conduct policy of Apple: ‘Appleconducts business ethically, honestly and in full compliance with all laws and regulations. This applies to every businessdecision in every area of the company worldwide’. Furthermore, the business conducts deal with corporate governance,information disclosure, non-corruption and bribery, environmental health and safety. Apple has considered the GRI G3.1indices relating to the economy, the environment, human rights, society and labour for its publication on Governance,Product Environmental Reports, Recycling and Facilities Environmental Report and Supplier Responsibility. For SupplierResponsibility, Apple, for example, has taken into…
- Give a Detailed presentation of "Permanent Fund Dividend (PFD) legislationin" in Alaska in comparison to the "Robin Hood" policy in Texas regarding the issue of graduation rates of students. Include its major Provisions based on specific data of studies.Cecilio K. Pedro – Lamoiyan Corporation Cecilio K. Pedro is another Filipino businessman of Chinese descent but his story is not the typical rags-to-riches tale but about turning adversity into triumph. He earned his business management degree at the Ateneo de Manila University, one of the more prestigious private schools in the Philippines. He once headed Aluminum Container, Inc. which was the major supplier of the collapsible aluminum toothpaste tubes that were formerly used by local manufacturers of Colgate-Palmolive, Procter and Gamble and the Philippine Refining Company (now Unilever). However, technological innovations and the environmental concerns over aluminum materials prompted the multinational companies to make use of the plastic- laminated toothpaste tubes as an alternative. As a result, Cecilio’s aluminum factory closed shop in 1985, but this didn’t stop him from exploring other ways to put his factory equipment into good use. Cecilio K Pedro decided to compete with…In the movie "The Rogue Trader," what were the unethical practices of Nick Leeson which caused the downfall of Barings Bank, the world's second oldest merchant bank? What factors could have contributed to his unethical behavior?