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Category Economic activities

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What are bank guarantees

Now let’s look at the main types of bank guarantees, they are the main applications of this service. Guarantee of payment is Bank guarantees the implementation of a particular principal payment in favor of the beneficiary. Performance bond-bank guarantees the fulfillment of all financial obligations for a specific contract/contract, for example, a number of payments, meet their deadlines, etc. Advance payment guarantee is a guarantee confirming that, in certain circumstances, made the down payment will be returned to the beneficiary. For example, if you are not satisfied the obligation on the part of the principal will not be a contract, will not be winning the contest, etc. >>> continue reading

Applications of management accounting for planning and control of public companies

Financial and economic unity is whatever legal form a system of information consists of a number of subsystems, including accounting and financial and productive system catalog, add to the procurement system and storage, as well as human resources and personnel system, all these systems work together coherently and mutual coordination towards financial, economic and social objectives and the political and economic unity, whether an institution or company as a whole.

Thus the accounting information system subsystem within the integrated information system on economic unity requires coordination and integration with other information systems, especially in cases of competition among all enterprises and uncle various levels became necessary on every company need to continue to improve its performance in order to meet this competition and stay in the market in order to achieve this, the company must rely on more accurate and appropriate accounting information and presented in time for use in planning, control and take appropriate decisions. >>> continue reading

prestigious credit cards What are credit cards credit card types

prestigious credit cards What are credit cards credit card types, Credit card is a small card used in the purchase and payment processes, what are credit cards? The main purpose of which is to provide credit boxes at the right time. Credit cards are available from many different companies that can provide different interest rates. Also consider the additional benefits that can be enjoyed on the map, such as rewards or cash back. Start by comparing monthly rates available. Credit cards tend to be fairly high interest rates, the best credit cards for 2016. The most useful characteristics of credit cards. >>> continue reading

Types of tax relations with foreign element typical for taxes

Regional taxes imply only the first type of international tax and resident tax relations - second only. So the lawyer property tax is based on the principle of territoriality. Responsibility for debts related to the availability of the property, foreign property is not taxable. As a result foreign element may be admitted only motive. If the tax that is built on the principle that the resident, so taxpayers can only admit people (as a general rule, the citizens of this country, but not foreigners). Foreign component which can be the only object of taxation. Types of tax relations with foreign element typical for taxes based on the principle of combining first and second. Current taxes include income tax, property tax organizations, institutions and individuals for income tax. So you feel of foreign legal entity payable in the income tax Act, with the object of taxation mechanism that appeared. >>> continue reading

Identify the main components of marketing activities

Tion of Pharmacy marketing purpose to teach students to identify the main components of the marketing activities and concerted action to develop marketing complexes.  Solving situational tasks: modern complex reality is that advertise a lot of goods that can’t buy a buyer, causing irritation of the majority of the population. Properly, the Government comes in to allow such advertising goods, unnecessary to meet “necessary material needs a minimum of life and real needs? And what is your position?. Coca Cola company is a responsible company that produces soft drinks, meet consumers ‘ tastes. But consumer protection and environmental groups on Wednesday imposed on the following charges:
Coca Cola drink represents consumers little nutritional value.
Coca Cola sugar and phosphoric acid harmful to teeth.
Brominated vegetable oil used in drinks, Cola, removing from the list of products recognized the quality of foodstuffs and medicines and cosmetics in General, harmless.>>> continue reading

Central Bank and its place in the credit system

The first level of credit system in our country represents a Central Bank capacity building. And his activities are regulated by the law. Enshrined in law targets and tasks, rights and obligations, as well as a mechanism in the face of global expertise CBR and practice. The Bank is an organ of the State leadership and play a “Bank of banks”, enjoys the rights and powers of the monopoly issue banknotes, currency regulation, oversight and supervision of banks and credit institutions, store and manage the country’s gold and currency reserves. These and some other tasks prescribed by law is the competence of the central banks in the world today. And protect the interests of the State, rather than the narrow commercial interests, including some companies and industries and sectors of society. >>> continue reading

Effective management decisions in an objective and subjective factors

Effective management decisions in an objective and subjective factors, any administrative decision makes sense it’s effective. However, it should be borne in mind that influenced the effectiveness of objective and subjective factors in decisions regarding this possible bad allocation-and semi-structured decision. When you use quantitative analysis methods and electronic data processing.

Application of economic methods of management problems EMM sports as a selection criterion allows you to use the function, you usually need to zoom in or out. This approach is called for optimal decision making. Maximize you profit, income, productivity and reduce costs of time intervals, unproductive losses etc solution adopted as a result of the comparison of quantitative values of the objective function for all possible options, any effective solution will delivers the most desired objective criterion value (maximum or minimum).

The options are applied to decisions semitrailers to evaluate a system weighted criteria. Let’s say we have a few travel companies wishing to work. But every one of them provides the conditions for cooperation. You have to decide with whom to work. This design is made a comparative analysis of all the options available with a focus on the more important criteria for us. Might be worth a photo company discounts and benefits, quality, geographical location, etc.
. >>> continue reading

Loans and credit cards-what you should know

Loans and credit-written loan commitment. And between two parties: the borrower and the lender. And regulates the transfer of certain amount of money. This shows the purpose of receipt of the borrower. The loan is defined as either a written agreement. His party, the borrower and the lender. In this case, the other party first convey certain things (value) or money. The borrower during a specific period to return the money. Help to get these loans are private investors. You can obtain the necessary financial support. The loan contract indicates that the amount of abandoned money or things. No doubt also to indicate the date that he should return, sometimes-which provides for the use of funds. >>> continue reading

Microcredit - small loans that are issued for a short time

Small loans-convenient recently appeared small loans in our country, which was a few years ago in the financial market is able to take a very dangerous position. However, these loans are popular among both individuals and corporations who are in desperate need of cash. They even seek legal entities. The potential of this sector is quite high, but customers of organizations offering small loans, must take into account the peculiarities of this type of lending. It is very useful to know at least the basic concepts for the effective use of aid and no losses. In fact, everything is much easier than it looks. >>> continue reading

rate of interest on commercial definition

There are two types of interest rates: rate passive or capture, is that brokers pay to providers of resources for captured money; Active or placement, rate is that financial intermediaries of the plaintiffs receive for loans. The latter is always greater, because the difference with the rate of uptake is which allows the financial intermediary to cover administrative costs, leaving also a utility. The difference between the lending rate and the passive is called intermediation margin. rate of interest on commercial definition In the field of Economics and finance, the concept of interest refers to the cost which has a credit or to the profitability of savings. It is a term which, therefore, allows to describe the profit, utility, value or gain a certain thing or activity. A very important this-latest figure in the matter that concerns us since, for example, it established the clear differentiation between what is called the nominal interest rate and the real interest rate. In this list of influencers in the field of interest not can not be neglected figure of the British economist John Maynard Keynes and Milton Friedman American. And is that both experts considered are those who have inspired and influenced the current economy. >>> continue reading
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Economic activities