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To study this process is a challenge of appreciating incentives and constraints. Incentives are shaped by political institutions, existing power structures, and societal demands that the state perform certain functions.
Accounting is the book keeping that enables one to keep track of one’s assets, liabilities, capital, income and expenditure.
Money is worth more in the present than in the future because there’s an opportunity cost to waiting for it. In addition to your loss of use if you don’t get your hands on it right away, there’s also inflation gradually eroding its value and purchasing power. If you’re going to part with your money for any period of time, you probably expect a larger sum returned to you than you started with.
Everyone is exposed to some type of risk every day – whether it’s from driving, walking down the street, investing, capital planning, or something else. An investor’s personality, lifestyle, and age are some of the top factors to consider for individual investment management and risk purposes.
The capital structure is the particular combination of debt and equity used by a company to finance its overall operations and growth.
Debt comes in the form of bond issues or loans, while equity may come in the form of common stock, preferred stock, or retained earnings. Short-term debt such as working capital requirements is also considered to be part of the capital structure.
Corporate finance is one of the most important subjects in the financial domain. It is deep rooted in our daily lives. All of us work in big or small corporations. These corporations raise capital and then deploy this capital for productive purposes. The financial calculations that go behind raising and successfully deploying capital is what forms the basis of corporate finance.
Human resource management is the strategic approach to the effective management of people in a company or organization such that they help their business gain a competitive advantage. It is designed to maximize employee performance in service of an employer’s strategic objectives.
Financial accounting is a specific branch of accounting involving a process of recording, summarizing, and reporting the myriad of transactions resulting from business operations over a period of time. These transactions are summarized in the preparation of financial statements, including the balance sheet, income statement and cash flow statement, that record the company’s operating performance over a specified period.
This course will show you how a financial manager makes capital investment decisions using financial tools. It is especially the case that this course addresses the concept of capital budgeting and how to evaluate investment projects using the net present value calculations, internal rate of return criteria, profitability index, and the payback period method.
Catastrophic workplace incidents impact people in ways that can have lasting negative consequences. Even crisis-prepared companies often overlook these needs. Effective response to a workplace crisis a violent act, a serious injury or fatality or some type of natural or man-made disaster requires an understanding of what people need from management and how to provide it.