Business Analysis Sundaram Finance Limited Essay - 611 Words

CHAPTER 1 INTRODUCTION 1.1 OBJECTIVE OF THE PROJECT The project was done in Sundaram Finance Limited. It is a Non Banking Financial Company which accepts deposits from customers, and gives out loans, and also performs leasing and hire purchasing functions. Vehicle financing takes up a huge chunk of the company’s operations. Among the three types of vehicle financing (Hypothecation, leasing, and hire purchasing), leasing is done majorly to huge and well performing corporate. So the need for credit appraisal is rendered moot in that case. While in the case of hypothecation and hire purchasing, the customers range from individuals with sporadic income streams to companies. Therefore, in order to safeguard the profitability of the company,†¦show more content†¦For people belonging to the salaried class, pay slips and Form 16 are studied; for businesses, the Profit and Loss statements, Income and Expenditure statements, Balance Sheets are studied. 1.3 IMPORTANCE OF CREDIT APPRAISAL As mentioned earlier, credit appraisal forms the backbone of the hire purchasing department without which the company would be at a loss for choosing customers. Credit appraisal ensures that the company is choosing the right customers without adding to its Non Performing Assets and compromising its profitability. It is extremely important that a company should mitigate its credit risk. Credit risk is the risk associated with non repayment of loans. This can be done by using credit appraisal 1.4 Scope of the project The scope of the project is confined to the analysis of three years of data of customer companies for the credit appraisal process, a sample of 175 contracts to study the recovery pattern, and five years of data to analyse the profitability of Sundaram Finance Limited. The study was conducted only for cars and commercial vehicles customers and not other types of financing like tire and fleet card. 1.5 Limitations of the project The following are the limitations of the project The credit appraisal procedure varies from one NBFC to another. Therefore it cannot be used to generalize or to study about the industry. I could collect data of only three corporateShow MoreRelatedSmes Case Study1527 Words   |  7 PagesIn the United States, businesses with less than 500 employees, typically described as small to medium business enterprises, make up 99 percent of all firms, employ over 50 percent of private sector employees, and generate 65 percent of net new private sector jobs (Kotey and Folker, 2007). However, SME’s have high turnover rates regarding employees. The major factor of cause is compensation rates. This is typically not easy to adjust in most SME’s. So, we must explore the other factors that wouldRead MoreCleanSpritz6458 Words   |  26 Pagesrequest permission to reproduce materials, call 1-800-545-7685, write Harvard Business Publishing, Boston, MA 02163, or go to http://www.hbsp.harvard.edu. This publication may not be digitized, photocopied, or otherwise reproduced, posted, or transmitted, without the permission of Harvard Business School. This document is authorized for use only by haobo liu in BUAD880 - Spring 2015: Marketing Management taught by Suresh Sundaram, at University of Delaware from February 2015 to August 2015. For theRead MoreOperations and Logistics Management3441 Words   |  14 Pagesdefinitions put forward for the business processes. Business processes can be defined as structured measured set of activities designed to produce a specified output for a particular customer or market (Davenport 1993, P 5). â€Å"Rosemann (2001, P 18) defines business processes as self-contained, temporal and logical order (parallel and/or serial) of those activities, that are executed for the transformation of a business object with a goal of accomplishing a given task†. Business processes is a collectionRead MoreShareholder Value14482 Words   |  58 PagesThe purpose of the corporation: Shareholder-value maximization? 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Human Resource Management Compensation - 1764 Words

Career Development Plan IV Compensation InterClean is entering a new strategic target and upper management has asked for a proposed compensation plan purposely for the new sales team. Recommendations for the new compensation plan will be submitted to the human resource department manager for endorsement. The foundation of the new compensation plan was developed after reviewing the job analysis, training program, and performance management plan. The plan includes a description of the prepared proposal and the explanation of an effective pay system. The three parts of a total rewards package to encourage employees to achieve highest performance is implemented in this strategic plan. The compensation plan also illustrates the designed†¦show more content†¦According to a survey of recent college graduates, a retail salesperson earns an average of $1,560 per month or $9.75 hourly (Able Recruiters, 2009). In the median wage of retail salespersons, the average annual earning is $19,437 or $9.34 hourly (Texas Workforce, 2 009). Since Susan Blunt is seniority based pay, she will be deal within a different perspective. Presently she is at the maximum rate of pay in grade 4 and her point spread is 143. Blunt’s starting pay should be the maximum rate of grade 5, which is $19.33. Employees’ Benefits As an added attraction, benefits were designed for the sales team. These benefits included are healthcare insurance, life insurance, disability insurance, workers’ compensation insurance, and retirement plans. InterClean will acquire 85% of the cost of the healthcare by providing a Health Maintenance Organization (HMO) for all employees. The life insurance will cost employees $10 a month per $10,000 units. InterClean will obtain the cost of the short-term disability and the employees can purchase the long-term disability at a reasonable price. The company will provide workers’ compensation insurance that pays employees 80% of salary if injured on the job. As a courtesy and motivation, InterClean will pay the 20% in a hump sum payment when employees return to work along with any impairment rating. The retirement plan consists of a 401-plan where InterClean will matchShow MoreRelatedCompensation And Human Resource Management2215 Words   |  9 Pages Compensation and Human Resource Management Introduction The Human Resources Division provides aid to planning required, retaining the flexibility to cope with unforeseen situations. There remains, however, understood that, within of its powers, each manager is also responsible for the preparation the resources necessary to establish the company. 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Calvins Problem as an African American - 1209 Words

From the moment I heard of Calvin’s problems in his history class, I needed to make sure that I could completely understand the context of the problems he is experiencing in class. Calvin and I have had prior positive interactions, and I want to make sure that I am not making assumptions about him and his experiences. However, based upon other teacher’s and experiences with Calvin, this seems to be the only class that he is not performing well in. This tells me that there is a deeper problem occurring between the teacher and Calvin. Successful African American students, like Calvin, do not receive much attention in school systems and research. The underachievement and low- level course enrollment of African American males is well documented and seems to be a construct in the educational system. Behaviors from students tend to be a tool of coping that clashes with the Euro-American worldview of culturally acceptable behavior. 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Inflation Argumentative Essay Example For Students

Inflation Argumentative Essay INFLATION: In the 1970s the prices of most things Americans buy more than doubled. Such a general increase in prices is called inflation. Prices of selected goods may increase for reasons unrelated to inflation: the price of fresh lettuce may rise because unseasonably heavy rainfall in California has ruined the lettuce crop, or the price of gasoline may rise if the oil-producing countries set a higher price for oil. During inflation, however, all prices tend to rise. Over the last 400 years there have been many periods of inflation. In the 16th century, when the Spaniards began bringing back gold and silver from the New World, prices in Western Europe moved upward as the supply of money increased. During the 19th century prices tended to go downward as food and raw materials became cheaper. After major wars such as the Napoleonic Wars and World Wars I and II, prices again moved upward. In the 1950s and 60s a so-called creeping inflation occurred, when the general price level in the United States and Western Europe rose by an average of 1 to 5 percent each year. In the 1970s inflation increased until it reached as much as 13 percent a year in the United States. Many countries have suffered from inflation more than has the United States. Israel had inflation of more than 100 percent a year in the early 1980s, meaning that the cost of living more than doubled every year. In Argentina inflation was greater than 400 percent in 1975 and averaged more than 100 percent each year from 1976 to 1982. The most remarkable inflation in modern times was the German hyperinflation of 1923, when people went to the store with wheelbarrows full of money to buy a few groceries. A similar hyperinflation occurred in Hungary after World War II. Inflation has been defined as too much money chasing too few goods. As prices rise, wages and salaries also have a tendency to rise. More money in peoples pockets causes prices to rise still higher so that consumers never quite catch up. Inflation can go on continuously year after year so long as the money supply continues to increase. Continued inflation affects people in diverse ways. Those who live on fixed incomes, or those whose incomes increase very slowly, suffer most from inflation because they are able to buy less and less. Those who lend money when prices are lower may be paid back in dollars of reduced purchasing power. Banks and savings and loan associations generally lose from inflation. People who borrow money, however, may profit by paying their debts in dollars that have shrunk in purchasing power. Inflation thus encourages borrowing and discourages saving. It also leads people to buy real estate and durable goods that will keep their value over time. In the United States this tendency is reinforced by the tax system, which allows taxpayers to deduct property taxes and interest payments from their taxable incomes. If inflation continues for a long time, the country as a whole may begin to consume more and invest less as people find it more profitable to borrow than to save. In other words inflation causes society to use more of its resources for todays purposes and to set aside less for tomorrows needs. Causes of Inflation:Inflation has many causes, but they all operate to raise the demand for goods and services beyond the capacity of the ecomomy to satisfy that demand. Often inflation follows a war, when the government has spent vast sums on military equipment and has not raised taxes enough to pay for it. Heavy government spending in peacetime may also lead to inflation. The principal reason why governments create inflation is that they are able to print money. .u85ce86a600f880375244c31116cd6789 , .u85ce86a600f880375244c31116cd6789 .postImageUrl , .u85ce86a600f880375244c31116cd6789 .centered-text-area { min-height: 80px; position: relative; } .u85ce86a600f880375244c31116cd6789 , .u85ce86a600f880375244c31116cd6789:hover , .u85ce86a600f880375244c31116cd6789:visited , .u85ce86a600f880375244c31116cd6789:active { border:0!important; } .u85ce86a600f880375244c31116cd6789 .clearfix:after { content: ""; display: table; clear: both; } .u85ce86a600f880375244c31116cd6789 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u85ce86a600f880375244c31116cd6789:active , .u85ce86a600f880375244c31116cd6789:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u85ce86a600f880375244c31116cd6789 .centered-text-area { width: 100%; position: relative ; } .u85ce86a600f880375244c31116cd6789 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u85ce86a600f880375244c31116cd6789 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u85ce86a600f880375244c31116cd6789 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u85ce86a600f880375244c31116cd6789:hover .ctaButton { background-color: #34495E!important; } .u85ce86a600f880375244c31116cd6789 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u85ce86a600f880375244c31116cd6789 .u85ce86a600f880375244c31116cd6789-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u85ce86a600f880375244c31116cd6789:after { content: ""; display: block; clear: both; } READ: The Roman Empire Essay Summary When a government pays its bills by printing money rather than by raising taxes, the effect is to increase the demand for goods and services. If demand is already high, increasing it will only push up the prices of those goods and services. But the government may not be the only player in the inflation scenario. Citizens, through their voting power, encourage the government to follow inflationary policies. In the United States special interest groups often exert pressure on Congress for programs that will benefit them at the expense of the treasury. Few taxpayers actually ask their Congressional representatives to raise taxes. Government deficits in themselves do not necessarily lead to inflation, but they make it more difficult to prevent inflation or to slow it down. Another part in the scenario is played by peoples efforts to protect themselves from the effects of inflation. Consumers want their incomes to increase so as to keep up with rising prices. Those who belong to unions may put pressure on employers to raise wages, a factor that tends to force up prices still further. Those who lend money expect to be paid back in inflation-adjusted dollars. Retired people want their social security and other pension payments to increase with the cost of living. As inflation continues, people expect it to become even worse and try to compensate for it in advance. The simple expectation of inflation thus helps to keep it going.