Posts

Showing posts from February, 2017

Financial Performance Analysis in Selective Banks

Introduction The word ‘Performance is derived from the word ‘parfourmen’, which means ‘to do’, ‘to carry out’ or ‘to render’. It refers the act of performing; execution, accomplishment, fulfillment, etc. In border sense, performance refers to the accomplishment of a given task measured against preset standards of accuracy, completeness, cost, and speed. In other words, it refers to the degree to which an achievement is being or has been accomplished. Financial performance refers to the act of performing financial activity. In broader sense, financial performance refers to the degree to which financial objectives being or has been accomplished. It is the process of measuring the results of a firm's policies and operations in monetary terms. It is used to measure firm's overall financial health over a given period of time and can also be used to compare similar firms across the same industry or to compare industries or sectors in aggregation. Financial sector is imperativ...

Assessment Of Credit Application (A Financial Management Topic)

Image
What Is a Credit Application? A credit application is a questionnaire that a lender or business will require you to complete before lending you money or extending credit to you. Credit applications are customary when you're trying to obtain a home loan, home equity loan, automobile loan, business loan or credit card. One may also be required when you want to rent an apartment. The information you supply on a credit application helps the lender decide whether to lend you money and how much, and assess your ability to repay the loan. A lender uses a credit application to determine your credit worthiness. Identifying Information The first part of the credit application asks you to provide your basic contact information such as name, address and phone number. This section will also typically ask for your social security number if you're applying as an individual, and both your SSN and the employer identification number or EIN of the business if you're applying for a b...

Work Breakdown Structure - WBS (A Project Management Topic)

Image
An Abstract A work breakdown structure (WBS), in project and systems engineering, is a deliverable oriented decomposition of a project into smaller components. The successful accomplishment of both contract and corporate objectives requires a plan that defines all efforts to be expended assigns responsibility to a specially identified organizational element and establish schedules and budgets for the accomplishment of the work. A work breakdown structure element may be a product, data, service, or any combination thereof. A WBS also provides the necessary framework for detailed cost estimating and control along with providing guidance for schedule development and control. The WBS is organized around the primary products of the project (or planned outcomes) instead of the work needed to produce the products (planned actions). Since the planned outcomes are the desired ends of the project, they form a relatively stable set of categories in which the costs of the planned actions nee...

Operationalization Of Variables (An Advanced Research Method's Topic)

An Abstract In the process of defining a term, we also need to think about how we’re going to measure the concept. Operationalization refers to the process of figuring out how to measure the concepts that interest us.  When we operationalize something, we figure out how we are going to measure it.  Many of the most common concepts are not tangible.  We cannot really point to them directly.  Instead, we have to find a way to measure them, often indirectly. Consider again the concept of religiosity. This is not something we can directly observe.  We can’t look in someone’s brain and see how much time they spend thinking about God.  We can’t tell for sure how much considerations of the supernatural govern the decisions they make in life. Instead, we can only make indirect measurements of religiosity.  For example, we can infer that someone is religious when they report attending religious services every week. In addition, we might infer that someone i...