C A S E 3 Asian Journal of Case Research 4(S): 27 – 44 (2011) Flight of Funds MOHD NOOR ABU BAKARa‚ MARIATI NORHASHIMb* AND ABDUL HAMID MOHAMED GHOWSc ABSTRACT In 2006‚ Malaysian Travels Sdn Bhd‚ a subsidiary of a public listed company‚ purchased 40% equity in Turkistan Global Services Sdn Bhd on the basis of a project paper which outlined a potential travel business to exploit opportunities in Turkistan. Turkistan Global Services Sdn Bhd purported to have acquired the opportunity through a Memorandum
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November 28‚ 2012 Lawson 1 What Do Women Want? “And yet he was the most brutal‚ too;\ My ribs yet feel as they were black and blue...I guess I loved him best of all‚ for he\ Gave his love most sparingly to me.”(Chaucer‚ Wife of Bath Prologue 495-504). The Wife of Bath is as some would say “a loose leaf” or “a wild animal yet to be tamed”. The first three husbands that Alison married allowed her to roam freely and do what ever she wanted when ever she wanted with no objections at all. Then when
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Subject: Cash Pooling Supervisor: Dr. Nasser Abu Mustafa University: NYIT Cash Management: Cash pooling Abstract The role of the corporate cash manager has been continuously revised over the past few years‚ as a result of the demand for more effective and efficient ways to support the core needs of the organization. This has resulted in new responsibilities for the corporate treasurer and cash manager. The cash management function is demanding
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Beyond Beyond Fashion There is a trick of my writing teacher: When we finish reading an essay‚ first he asks: "What is it about?" We answer‚ then he asks:" If that’s not what the essay is about‚ then what is it about?" So we answer again‚ striving to squeeze out every drop of intelligence out of our brain cells. Repetitively‚ after we are willingly tortured by this same question for three more rounds‚ the essence of the essay shows up. This was exactly the same feeling I received from the exhibition
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1888 The First National Manual Cash Register In 1883 on January the 30th James Ritty receives a Patent for inventing the cash register. Ritty owned a cafe in Dayton in the 1870s it was a popular cafe but somehow always lost money Ritty then blamed the bartenders and other workers for stealing. What Ritty dealt with was very common in the late 1800s. Ritty later went on a vacation on a ship whist on the ship he observed the workings of an automatic device that recorded the revolutions of the ship’s
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“Tis not the drinking that is to be blamed‚ but the excess”. Alcohol is an example of intoxicating drink. Society has viewed people who drink to excess as irresponsible‚ immoral‚ and of weak character. We know that alcohol has its consequences. At the same time‚ people don’t care and disregard its consequences. Alcohol drinking affects the way a person thinks‚ acts and feels. Many of us are at point in our life where we are searching for excitement and ways to fit in and have fun. For me‚ alcohol
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Cash or Not? Whether or not cash should be eliminated is a big debate in our world today. Cash should not be eliminated to provide for safer control of your money. Without cash‚ plenty of problems appear like acts of crime‚ not having banking connections‚ and having your personal information on record. To start off with‚ criminals and hacking progress as technology does. In the Upfront magazine article called "The End of Cash"‚ the author says‚ "Security experts worry‚ for example‚ that hackers could
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Business Strategy – Section 4995 GN Summer 2012 Case Analysis: Case #8 Cash Connection: Are Its Payday Lender Strategy and Its Business Model Ethical? Assignment Questions: 1. What does a SWOT analysis reveal about the company’s overall situation? SWOT analysis is a strategic planning method used to evaluate the Strengths‚ Weaknesses/Limitations‚ Opportunities and Threats involved in a project or in a business venture. It involves Specifying the objective of the business venture
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Cash Budgets CASH BUDGETS A cash budget is a budget that focuses on cash receipts and payments that are expected to occur in the future. Cash management is one of the main important factors in a business. A company that experiences cash shortages could be forced into bankruptcy in the future. Businesses that have excess cash can lose the opportunity to earn investment income or can reduce interest costs by repaying debt. A cash budget can tell management anticipated cash shortages or excess
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1.How did Japan perform until 1991? How do you explain this performance? The stimulus of Japanese economic miracle was the sorrow and revenge of the Japanese after surrender in World War II that had severely affected Japanese way of living. Likewise‚ it pushed the Japanese together to work harder for economic reform. Japan experienced tremendous economic growth and becomes the second largest economy in the world in 1968[1]. There are several underlying mechanisms behind the success of economic
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