Introduction The banking sector is one of the industries that face stiff competition. With the provision of financial services being key, it is of great importance that the various strategies by these institutions are accessed to evaluate the history of their operation, the challenges they face presently or may face in the future. In evaluating
Part A. The major objective of credit and capital markets is to finance companies, households and governments. Critically analyses this statement examining the different routes through which funds can flow from the surplus to the deficit sector.   Credit markets are markets through which business entities, governments, municipalities, etc. can raise funds from the surplus
Introduction The payroll function of an organization is primarily concerned with employee compensation. A common misunderstanding is that the human resources department is responsible for a company’s payroll function. However, a business should have a different department for payroll to ensure effectiveness and efficiency in the function. On this note, the two departments have unique
Question and answers 1.What roles or tasks does a mortgage broker perform A mortgage broker offers financial advice to home buyers and homeowners giving them financial options for real estate purchase. A mortgage broker provides information to homeowners by assisting them to find the loan that suits their needs. They also negotiate with the lenders
Introduction A budget process refers to the approach used in the development and approval of a budget. Budget processes are often used by institutions such as government entities and enterprises. It often encompasses the allocation of available resources to essential functions. This paper evaluates the budget-making process of the city of Chicago. It finds that
Introduction Learning and doing are usually two different things. For one to comprehend the material learned, it is important to implement the information gained in a real-life situation. The following article is a continuation of the learning process, where the financial aspects learned in class are used to analyze the financial condition of Bond PLC.
Financial management Financial management refers to the ability to use resources in a right manner. It aids the firm to achieve its set of goals in the economy. The goals of management in the economy are to enable the company to increase its earnings and improve its operations. There are four elements that should be
Financial Ratios Banks make use of credit scores to evaluate loans that are applied by investors. However, these scores are not depicted in trades. Enterprises that ought to borrow cash use different ratios that are calculated via financial statements. The significance of financial ratios is that they enable borrowers to access details. They measure whether
Practical Financial Management Investing in financial and real assets by individuals and firms enables them to earn profits in future. Clearly, businesses that deal with security, stock and financial assets consider option pricing before they decide to trade. The advantages of options are that they allow stock holders to buy and sell basic assets. In
The Future of the U.S Dollar as the World Key Currency The US dollar is used as a standard currency across the globe. Since its inception, it has encountered many issues before the Bretton woods institution was found.  Earlier, the Bretton woods institution had replaced the US dollar when it served as the major currency.