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News Archive

Harvard Business Publishing

Oct 6, 2008:

How to Market in Troubled Times  

 The subprime mortgage crisis has weakened consumer confidence and the credit-fueled spending that had been buoying the U.S. economy. Equally disturbing, the proposed $700 billion bailout might spur increases in federal and state taxes. Consumers will be poorer-or will feel poorer. They'll be more cautious in their spending.

What's a marketer to do? Reassure consumers by communicating the message, "We're going to get through this together." Recognize that people retreat to their "village" when hard times loom. So, when crafting your marketing plans for the coming years, focus on family values. Finally, reforecast demand for each item in your product lines, because consumers are trading down to offerings that stress good value (such as cars with fewer options).

IT Management

 
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The Stock Exchange of Mauritius - Market Statistics

  :: General Information

The Stock Exchange of Mauritius Ltd (SEM), incorporated in Mauritius on March 30, 1989 as a private limited company, is a member of the World Federation of Exchanges and a privately owned organisation with a public mandate, committed to become a World Class Stock Exchange. It  operates two markets: the Official Market, the Development & Enterprise Market.

  :: Communiqué BOM
  :: Fees on Govt. Securities/BOM Bills
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TOP BUSINESS STORIES BusinessWeek

They Teach Happiness at Harvard

The World's Most Competitive Countries

Who's on Top in Tech-Readiness?

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BCS

BCS 
The British Computer Society (BCS) is the leading professional body for those working in IT. We have over 60,000 members in more than 100 countries and are the qualifying body for Chartered IT Professionals (CITP).

To celebrate the 50th Anniversary, from 1 January 2007 a year long programme of events and actitivities are being held ....

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Business News-MRA

Mauritius Revenue Authority

The Mauritius Revenue Authority (MRA) has been established as an agency of the State for revenue collection and management of Revenue laws. MRA is a body corporate with its own Board under the supervision of the Minister of Finance and Economic Development. The MRA is responsible for the administration of tax policy, and the collection and accounting of all revenues arising under the Revenue laws.
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IFAC

cover story

IFAC to strengthen the accountancy profession
The International Federation of Accountants (IFAC) Member Body Compliance Program, launched four years ago, has reached a major milestone in its mission to encourage accountancy organisations worldwide to work together with their members, regulators, standard setters, and other key stakeholders to strengthen the profession.

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Overview of International Financial Reporting Standards (IFRSs)

IFRSs refers to the entire body of IASB pronouncements.  It applies to the general purpose financial statements and other financial reporting by profit-oriented entities -- those engaged in commercial, industrial, financial, and similar activities, regardless of their legal form. Entities other than profit-oriented business entities may also find IFRSs appropriate.

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Desktop Computing

IT greats: Innovation is the key to greatness

IT is one of the only industries that offers the prospect of growing from start-up to global domination within a few decades, and few can punish an organisation that makes a mistake as cruelly.

Yet the choice of the most influential organisations of the past 40 years highlights the importance of innovation alongside the ruthlessness needed to build a global brand and dominate global markets.


 

 

             

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CPD

Continuing Professional Development  

CPD - making the most of your 9-5 time  
Did you realise that there are abundant learning opportunities in your workplace which can contribute towards your CPD?

CPD activity undertaken for ACCA Realise should be relevant to your job and/or your career aspirations. By focusing on learning at work, you can easily meet the CPD requirement – and enjoy a more conscious, profitable learning environment at work into the bargain.  
 Learning – back to basics

Being coached or signing up for an online course are obvious choices for work-based learning. But consider the following examples:
 1. Reading
  
 Magazines and newsletters – and their online versions – can add richly to your knowledge. But don’t just take advantage of technical updates available in accounting & business. Trade journals for your industry sector can also provide invaluable intelligence to help you understand organisational challenges and think more laterally about how finance can contribute. If you have left accountancy and finance, it’s all the more important to look for news and views about your chosen field. To help you achieve CPD through regular reading, why not subscribe to newsfeeds and e-mail updates – many are free.
  
 2. Consulting colleagues
  
 It may seem to some an unlikely source of CPD but there’s no reason why you can’t gain learning through consulting colleagues. Think about the number of occasions you’ve learned something from a lengthy chat with your boss or a briefing from a colleague. Add up all those mini-development activities and you could be looking at a considerable amount of learning time. Keep a record of when you have learned something significant from such a discussion, noting the time you put aside with your colleague, who they are, what you learned and how you’ll apply your acquired knowledge.
  
 3. Internet research
  
 Who knew that Google could extend its global reach into ACCA Realise? Well, it already does for the many members who conduct research exercises for work purposes. Of course, you may have your own search engine of choice – but the point is that those countless occasions where you turn to the internet to dig up information for a project or prepare for a meeting may constitute legitimate development activity.
  
 4. Making site visits
  
 Getting out into the field is important for engaging with the workforce and also representing and promoting your team. Visiting branches or sites at home or overseas can often be a learning experience. For example, invitations from colleagues, customers or suppliers to tour production plants, factories or building sites may be ideal opportunities. Think about what you’d learn and how you’d use that knowledge back at your desk.
  
 5. Sitting on working groups and committees
  
 Volunteering (or being delegated) to sit on committees for special projects can provide legitimate development activity. Especially where you’re working alongside colleagues from other functions (or suppliers or clients), and have to understand their roles in a process chain or stake in an outcome, you might easily be assimilating new information as you go along. For those who are more experienced, or appointed to the group as ‘the expert’, you might think you are merely there to impart information but in fact it’s a great opportunity to enhance a variety of soft skills such as chairing and facilitating meetings, dealing with group behaviours, keeping the group focused and achieving an end result. These are transferable skills: you can take them with you and use them throughout your career.
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