Key Financial Products and Banking Institutions Explained
Assets and Liabilities
Includes cash, bank deposits, loans, stocks, bonds.
Fixed Income Products
Large companies seeking loans may issue debt securities (like bonds) to many investors. These investors receive agreed-upon interest payments and become lenders by acquiring these securities. If investors need their funds before the maturity date, they can sell the securities in the secondary market.
Equity Products
Shares of a company are equity securities because their owners receive dividends based on
Read MoreSpanish Industrial Activity: Organizational Changes & Trends
Major Organizational Changes in Spanish Industry (1978-2008)
What are the major organizational changes and location shifts in Spanish industrial activity since the Third Technological Revolution (Industrial Revolution)? This analysis notes explanatory factors and trends.
Between 1978 and 2008, Spanish industrial production grew by 64% due to intense renewal of production processes and increasing workforce reduction. This has affected increased industry productivity. Today, industry contributes about
Read MoreCompany Financing Sources
Sources of Company Financing
Are the liquid assets or means of payment available to the company to meet its cash needs. Can be classified according to three criteria:
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According to the Repayment of the financing source:
- Short term (less than 1 year)
- Long term (over 1 year)
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According to whether they have an external origin or have been
internally generated by its activities:
- Internal funding: retained earnings (reserves) and depreciation and provisions.
- External funding: Capital, loans, credits.
- Depending
Determining the Origin of Goods for Customs Procedures
Understanding the Origin of Goods
Concept: The country in which goods were wholly obtained or produced. The origin of goods is proven by a certificate of origin, which is normally issued by a chamber of commerce.
Preferential Origin
Preferential origin is granted to goods from countries with which there is a preferential trade agreement regarding tariffs. This preferential treatment involves the application of reduced or zero tariff rates. The Generalized System of Preferences (GSP) is one such scheme.
Read MoreInternational Business Strategies: Globalization & Market Entry
Globalization and International Business Strategies
Globalization: Process by which people, products, information, and money move freely across borders.
Global Industries: Industries in which companies need to operate in key world markets in an integrated and coordinated way to survive.
Multinational Companies: Companies that operate in various countries outside their countries of origin.
Global Companies: Multinational companies that operate in the world in an integrated and coordinated way.
Born Global:
Read MoreKey Business Management Definitions and Concepts
Core Organizational Concepts
Mission Statement
A Mission is a short statement identifying the purpose of an organization. It includes the scope of its operations, products or services, its primary customers or market, and its geographical region.
Vision Statement
A Vision is an aspirational description of what an organization would like to achieve or accomplish in the mid-term or long-term future.
Evaluation Phases
Evaluation can occur in different phases:
- Ex-ante (Previous): Conducted before an initiative