Budget Definition and its Purpose: Budget a detailed plan‚ expressed in quantitative terms‚ that specifies how resources will be acquired and used during a specified period of time. A budget is a description of a financial plan. It is a list of estimates of revenues to and expenditures by an agent for a stated period of time. Normally a budget describes a period in the future not the past Purposes of budgeting systems: Planning Facilitating Communication and Coordination Allocating Resources
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Hindustan Unilever Ltd (HINDUNILVR) Details Hindustan Unilever Limited‚ a fast moving consumer goods company‚ manufactures and sells home care‚ personal care‚ and food products in India and internationally. The company offers soaps‚ detergent bars‚ detergent powders‚ detergent liquids‚ scourers‚ etc.; and personal products‚ such as oral care‚ skin care‚ and hair care products‚ as well as deodorants‚ talcum powders‚ color cosmetic products‚ and Ayush health care and personal care products and services
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ORGANISATIONAL CHANGE AT UNILEVER Unilever is a very old multinational with worldwide operations in the detergent and food industries. For decades‚ Unilever managed its worldwide detergents activities in an arm’s length manner. A subsidiary was set up in each major national market and allowed to operate largely autonomously‚ with each subsidiary carrying out the full range‚ of value creation activities‚ including manufacturing‚ marketing and R & D. The company had 17 autonomous national operations
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INTRODUCTION TO PROJECT Financial statement analysis is largely a study of relationship among the various financial factors in a business as disclosed by a single set of statements and statements. Financial statements analysis is an attempt to determine the significance and meaning of the financial statement data so that forecast may be made of the future earnings‚ ability to pay interest‚ profitability of a sound policy. The charts were used accordingly to support the analysis. Need of the study:
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Asset efficiency ratio Asset efficiency ratios measure the efficiency with which an entity manage its current and non-current investments‚ and converts its investments decisions into sales dollars. There is a continuously increasing trend of asset turnover ratio for company alpha since 2009‚ from 3.77 times to 4.41 times. In comparison with company alpha‚ company beta shows a relatively slow increasing pattern from 0.90 times to 1.18 times. By contrast‚ it indicates that although both companies’
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market‚ naive investment strategies may lead to significant losses to the investors. A scientific evaluation of risk and return is very much required for any investor in a process to get maximum return at minimum risk. This study deals with the analysis of risk and return of 3 major stocks in banking sector‚ automobile sector and it sector listed in NSE‚ constructing a portfolio using these stocks and evaluating the benefit of diversification of risk using latent tools and techniques in an effort
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Nurse To Patient Ratio Medtech College Ethics August 16‚ 2010 The past decade has been a turbulent time for US hospitals and practicing nurses. News media have trumpeted urgent concerns about hospital understaffing and growing hospital nurse shortage. Nurses nationwide consistently report that hospital nurse staffing levels are inadequate to provide safe and effective care. Physicians agree‚ citing inadequate nurse staffing as a major impediment to the provision on high quality of care
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Hindustan Unilever Limited (HUL) OVERVIEW Hindustan Unilever Limited (HUL) is India’s largest fast moving consumer goods company‚ with leadership in Home & Personal Care Products and Foods & Beverages. HUL’s brands‚ spread across 20 distinct consumer categories‚ touch the lives of two out of three Indians. They endow the company with a scale of combined volumes of about 4 million tonnes and sales of Rs.10‚000 crores. The mission that inspires HUL’s 36‚000 employees‚ including about 1‚350 managers
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Financial Indicators Decision Making Simulation Form Date: April 9 2013 Team: “A” Team Members: What cost cutting options were chosen? Explain why those were chosen. Reducing the utilization of agency staff - It decreases the amount of premiums the hospital pay to the staffing agencies and the management fees. The cost for contract staff is nearly twice to those employees hired by the hospital directly. Changing the skill mix - It allows the nurses to delegate
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Accounting ratios are relationships expressed in mathematical terms between the figures which are connected with each other in some manner. Obviously‚ no purpose is served by comparing two sets of figures which are not at all connected with each other. Moreover‚ absolute figures are also unfit for comparison. The following are the different classification of ratios: 1. Traditional classification: The traditional classification has been on the basis of the financial statement to which the determinants
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