Mismanagement of funds
Mism
anag
emen
t of f
unds
Global Impacts/Response of Financial Crisis
Is it the responsibility of the government to help failedbusinesses due to mismanagement of funds and resources?Should governments of countries help failing businesses ofother countries other than their own?
Financial Mismanagement
is management that, deliberately or not, is handled in a way that can be characterised as "wrong, bad, careless, inefficient or incompetent" and that will reflect negatively upon the financial standing of a business or individual.
Wikipedia
Are Companies NATIONAL or GLOBAL
Research in Motion ? Canadian ?
Toyoto ? Korea or Japan?
Answers.com
On November 24, 2009 at 3:42 pm Jyoti rani [0] said:
i think it might be japan or korea
i m confused plz help me out
Overseas main plants:- Australia: Camry, Aurion- Canada: Corolla, Matrix, RX- Tianjin, China (JV with FAW): Corolla, Vios, Crown- Guangzhou, China: Camry- Czech (JV with PSA): Aygo- France: Yaris- South Africa: Corolla- Kuozui, Taiwan: Corolla, Camry, Yaris, Wish- Thailand: Corolla, Camry, Vios, Yaris, Wish- Turkey: Corolla Verso, Auris- Burnaston, UK: Auris, Avensis- NUMMI, USA (JV with GM): Corolla, Tacoma- Kentucky, USA: Camry, Avalon, Solara- Indiana, USA: Tundra, Sequoia, Sienna- Texas, USA: Tundra
Rank Country Exports Date of
information
— European Union (minus internal trade) $1,525,000,000,000 2009 est.
1 People's Republic of China $1,202,000,000,000 2009 est.
2 Germany $1,121,000,000,000 2009 est.
3 United States $1,057,700,000,000 2009 est.
4 Japan $581,000,000,000 2009 est.
5 Netherlands $499,000,000,000 2009 est.
6 France $475,000,000,000 2009 est.
7 Italy $405,000,000,000 2009 est.
8 Belgium $370,000,000,000 2009 est.
9 South Korea $364,000,000,000 2009 est.
10 United Kingdom $351,000,000,000 2009 est.
— Hong Kong $330,000,000,000 2009 est.
11 Canada $316,000,000,000 2009 est.
Total World EXPORTS$ 12,461,000000000
Source : Country Comparison: Exports". The World Factbook. Central Intelligence Agency. https://www.cia.gov/library/publications/the-world-factbook/rankorder/2078rank.html.
SOCIAL
Employees ???Group
Number of employeesMarch 2009
GMAP (GM Asia-Pacific) 33,000
GME (GM Europe) 55,000
GM LAAM (GM Latin America, Africa and the Middle East)
33,000
GMNA (GM North America) 112,000
Other operations 2,000
Total number of employees 235,000
General Motors is structured into the following operating groups:
http://www.youtube.com/watch?v=pRiH6KPtqjY&feature=related
Video Clipping
Repercussions
UN-EMPLOYMENT-------- Social effects
Rank Country Spending ($ b.)World Share
(%)
— World Total 1464.0 100
1 United States 607.0 41.5
2 China 84.9a 5.8a
3 France 65.7 4.5
4United
Kingdom65.3 4.5
5Russian
Federation58.6a 4.0a
6 Germany 46.8 3.2
7 Japan 46.3 3.2
8 Italy 40.6 2.8
9 Saudi Arabia 38.2 2.6
10 India 32.7 2.1
The information is from the Stockholm International Peace Research Institute
http://www.youtube.com/watch?v=66x9HS-Dgt4Video Clipping
Serious Repercussions.....Financials
Loss of Factors of Production
In economics, factors of production (or productive inputs) are the resources employed to produce goods and services.
Land Labour
Enterprise Capital Goods
Stakeholders
YOU Sitting there and ME speaking here
You and I pay Taxes!!
What Reality Says???SATYAM Case
“Satyam had nothing by way of a balance sheet and it had been cooking its books for the last many quarters, fabricating lies for the benefit of all its shareholders, for its independent directors and other directors and perpetrating a lie that went through for several years before he chose to confess this morning. “
“China, with less than 10% share of global IT spending and clearly lagging India in IT services outsourcing, is rearing its head to capitalize from the Satyam fallout, and large multinationals -- soured by the Satyam mess -- may start looking at non-India-based outsourcers to fill its needs.”
“India. As many as 30 percent of Satyam's employees, about 15,900 people, are located outside India, analysts estimate.”
Rule 1: Prevention is better than Cure
Rule 2: Remember rule 1
Rule 3: Contingency Theory : No single solution fits all questions
Thank YouDeveloped by Imtiyaz KutubSend your feedback and comments [email protected]