SINGAPORE MITA No. 013/06/2008 Company Report 12 March 2009 Olam International Ltd Gravity-defying growth Resilient to recession. Olam International Ltd (Olam) has been delivering consistent revenue and earnings growth since its listing in 2005‚ and growth momentum is expected to sustain despite the global recession. Management has guided for 16% to 20% topline CAGR and 25% to 30% earnings CAGR over the next three years. These goals are achievable‚ given that demand for food is relatively
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st_memorable_business_moments_of_the_decade.html Tyco/Dennis Kozlowski are ensnared in scandal Published: 12/23/2009 12:49:45 In yet another corporate scandal‚ former Tyco International CEO Dennis Kozlowski was convicted in 2005 of misappropriation of corporate funds. He used Tyco’s money for a $2 million birthday party on the island of Sardinia for his wife (the ice sculpture urinated Stolichnaya vodka) that came to be called the "Tyco Roman Orgy‚" as well as an estimated $14 million in art and
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Globalization and International Business The Concept of Globalization – putting everything into one village * The process of integration and convergence of economic‚ financial‚ cultural and political systems across the world. * Globalization – refers to the integration and interaction between different people and nations. * Globalization is the process of international integration arising from the interchange of world views‚ products‚ ideas and other aspects of culture. Globalization
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Principal Members Lalitha Battina: Founder‚ CEO Mark Gates: Chief Technology Officer‚ CTO Lowell Stratton: Chief Financial Officer‚ CFO‚ responsible for financial checks and balances And verifies financial statements produced by accounting department Simone Jobs: Chief Operating Officer‚ COO Cyrus Bailey: Chief Marketing Officer‚ CMO Board of Directors: Steve Wells‚ Tim McCarthy‚ David Holmes‚ Sonia Dietz‚ Joan DeCath‚ Kim Horner‚ John Stewart Angel Fund Investors: Golden
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Kale* Abstract Business today is in a global environment. This environment forces companies‚ regardless of location or primary market base‚ to consider the rest of the world in their competitive strategy analysis. Firms cannot isolate themselves from or ignore external factors such as economic trends. Companies are going truly global with Supply-chain Management (SCM). SCM & OUTSOURCING Liberalization‚ Privatization and Globalization (LPG) of the economies and companies has fuelled the competitiveness
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Financial Accounting vs Management Accounting Management accounting is a field of accounting that analyzes and provides cost information to the internal management for the purposes of planning‚ controlling and decision making. Management accounting refers to accounting information developed for managers within an organization. CIMA (Chartered Institute of Management Accountants) defines Management accounting as “Management Accounting is the process of identification‚ measurement‚ accumulation
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The alarm sounds at five‚ forcing his fatigued eyes open. He wakes immediately‚ although‚ still groggy about his surroundings. Walking past his framed college degree‚ he gets ready for another day at work. His feet ache from the previous day as he rushes to open the store on time. Restocking the chips and soda cans‚ he breathes heavy due to the constant manual labor that is required of him. Although his day has just begun‚ it will not end for another ten hours. He finishes the tasks of the morning
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Why would users rely on financial statements? What is an example of a financial measure that an external user might use? What is an example of a financial measure that an internal user might use? Users rely on financial statements to gauge the strength and outlook of companies. Others understand that. One would want that company to make money for them when they invest. If companies didn’t make money for you there would be no reason to buy stocks and no reason the price of a stock would ever
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GAAP and what convergence means. In financial surprise accounting the objective for financial reporting are to provide useful information for potential investors and creditors‚ assessing cash flow‚ and about claims and changes to company resources. The problem with this is that‚ without standards each company would set their rules‚ and readers of financial reports would have to learn every company’s way of reporting information. It would become easier for them to report what makes them look better
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Political parties in African were founded with the basic goal of being the main vehicles for African Nationalism. Prof. Anyang’ Nyong’o (1992) in his book 30 years of independence in Africa correctly states that Africans were no longer a homogenous people ruled by benevolent chiefs who discussed with the elders under a tree for hours until they agreed. He (Prof. Nyong’o) points out that great division of African people into social groups and categories with different interests and different attitudes
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