MBA-International Accounting and Finance Essay Example | Topics and Well Written Essays - 5000 words

MBA-International Accounting and Finance - Essay Example This means that they try to achieve quick realization of credit sales and delay the payment of the payables. By way of this they try to maximize â€Å"net float† (Brigham & Ehrhardt, 2008, pp.958). In a business it is important that the financial resources are channelized effectively. This is facilitated by the financial managers who allocate the resources to the various departments as per their requirement. Besides the need based allocation of the resources it is important that the business does not lose out a possibility of earning an additional income on the surplus cash balances. To ensure that the cash balances do not remain idle the financial managers invest these cash balances temporarily to earn positive returns. The multinational companies like their domestic counterparts employ the same procedures for the achievement of the above mentioned goals. This indicates that the basic objectives of the multinational and domestic companies are the same but the task of multinat ional companies is far complex. When it comes to investment of funds the domestic companies generally think with respect to domestic securities whereas the financial managers of the multinational companies are expected to be aware of the investment opportunities across the world. The multinational companies generally work in association with the international bankers and their staff and are thus in a position to make gains out of best available rates anywhere in the world. Policies relating to credit are more crucial for the multinational companies as compared to the purely domestic firms. For instance trade in US involves poorer or developing nations. In this kind of a situation ‘granting credit’ is the necessary norm for business. Moreover the developed nations impart credit facilities to their foreign customers for making their manufacturing firms globally competent. When it comes to granting credit the risk of the multinational companies is higher than

Not for profit marketing Essay Example | Topics and Well Written Essays - 500 words

Not for profit marketing - Essay Example Marketing eventually is there to help achieve profitability and long-term survival in business or organization. After all, the goal of every business is to achieve profitability and long-term survival. However, any activity in marketing which is outside the primary aim for profit is considered not-for-profit marketing (Cooper and Argyris, 1998). It avoids marketing practices that could be harmful to the society because it aims to develop fair and intelligent purchase decisions among consumers. However, not-for-profit marketing is not only applicable to businesses that substantially aim for profitability and long-term survival. The term profit cannot just be specifically focused on monetary value alone, but including other intrinsic values that could not be readily observed by the naked eye. When one heard about marketing, the ultimate concept that would come to mind is about business with the inclusion of the issue about profit, which is all about monetary value. However, not-for-profit marketing is also widely applicable among educational establishments, churches, politicians, national interest groups or charities, and any activities related to internal marketing (Cooper and Argy ris, 1998). Based on the above definition of marketing, it is essentially about satisfying individual and organizational objectives, but the entire thing about this could only be achieved if there is planning, execution and eventually creation of something else. A politician aiming to take his position after an election should basically learn to inform the public all necessary information about him that could potentially gain confidence on the part of the voters in voting for him. This eventually is an integral part of the not-for-profit marketing because the intention of the politician is just to develop among the people such a fair and intelligent decision. It is a kind