arguments in favor of the diversification of energy sources in Australia. Development based on fossil fuels make the climate changing a more serious problem. According to Harding(2008) industrialized countries have responsibility to recognize renewable energy solutions as a priority and reduce the dependency on fossil-fuel energy‚ for the reason that the development relianted on fossil fuels has caused climate change issues. Moreover‚ the diversification of energy sources is environmentally friendly
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www.ccsenet.org/ijef International Journal of Economics and Finance Vol. 4‚ No. 5; May 2012 The Usefulness of an Accounting Information System for Effective Organizational Performance Siamak Nejadhosseini Soudani (Corresponding author) School of Accounting and Management‚ Islamic Azad University U.A.E. Branch PO Box: 502321‚ Block 4A‚ Knowledge Village‚ Dubai‚ UAE Tel: 97-14-295-3314 Received: March 19‚ 2012 doi:10.5539/ijef.v4n5p136 E-mail: Siamak.nejadhosseini@gmail.com Accepted:
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Why BMW Group has been successful? BMW Group is a famous auto company all over world‚ stands for "Bayerische Motoren Werhe AG" in English ”Bavarian Motor Works” who is also the leader in a luxury car manufacturer and seller in the world. BMW Group was founded in 1916 and headquartered in Munich‚ Bavaria‚ Germany. It consists of an initial aircraft engine manufacturing plant to become enterprise groups dominated by limousine today‚ and produce the world-renowned aircraft engines‚ SUVs and motorcycles
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Week 2 Sources of Finance 1) Introduction It was explained in week 1 that this week’s lectures will focus primarily on institutions that provide finance. Finance has been defined by Chadwick and Kirkby (1995‚ p 38) in their book Financial Management (first edition‚ publisher Routledge) as a “system of costs and risks”. As we will see throughout the course‚ the notion of risk from an investor’s point of view is related to whether there is the accrual of the financial returns that are anticipated
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one of the leading pioneers of internet Yahoo! was founded in 1994 on board a trailer on Stanford’s University’s campus by Jerry Yang and David Filo. Yahoo’s core came from display and search advertising such as billboards on top of homepages. However the company faced losses due to poor management decisions which in turn angered the shareholders. By 2010 Yahoo’s revenues estimated roughly $6.3 billion which of 84% came from advertisement and the remaining from subscription fees for photo services and
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What is Corporate Finance? It�s all corporate finance. My unbiased view of the world Every decision made in a business has financial implications‚ and any decision that involves the use of money is a corporate financial decision. Defined broadly‚ everything that a business does fits under the rubric of corporate finance. It is‚ in fact‚ unfortunate that we even call the subject corporate finance‚ because it suggests to many observers a focus on how large corporations
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Sources of Finance The financing of every business is the most fundamental aspect of its management. Get the financing right and the company will have a healthy business‚ positive cash flows and ultimately a profitable enterprise. The financing can happen at any stage of a business ’s development. On commencement of your enterprise the business entity will need finance to start up and‚ later on‚ finance to expand. Finance sources may be internal or external but they may also be short‚ medium or
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WHAT IS CORPORATE STRATEGY? Although strategy has different definitions by various authors‚ to understand Corporate Strategy we begin by defining strategy. "Strategy is the direction and scope of an organization over the long-term: which achieves advantage for the organization through its configuration of resources within a challenging environment‚ to meet the needs of markets and to fulfil stakeholder expectations” (Johnson‚ Scholes & Whittington‚ 2008). From the definition given by Johnson
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Lower 6 Subject: Business studies Sources of Finance * Why do businesses need finance? * Types of finance * Internal sources of finance * External sources of finance * Factors to be considered when choosing sources of finance Sources of finance Finance: Finance is the study of how investors allocate their assets over time under conditions of certainty and uncertainty. A key point in finance‚ which affects decisions‚ is the time value of money‚ which states that a unit
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CORPORATE FINANCE The word Corporate Finance can be defined in terms that may vary considerably across the world. Corporate Finance is one of the three areas of the discipline of finance and can be defined broadly as a field of finance dealing with acquisition and allocation of a corporation ’s funds or resources‚ with the goal of maximizing shareholder wealth i.e. stock value. This division of a company is basically concerned with the financial operation of the company from company’s point of view
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