JACK WELCH
An American business executive, author, and chemical engineer. He was the former Chairman and Chief Executive Officer of General Electric from 1981-2001. During his tenure in GE, Welch raised its market value to $410 billion. He earned the reputation as one of the top CEOs of all time and was recognized as the Manager of the Century in 199 by Fortune magazine. Welch’s management style include embracing change and reinvention, leading not controlling, giving employees responsibility and freedom, being focused and consistent, and following up.
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GMD
ISO 4217 abbreviation for Gambian dalasi, official currency of Gambia. Introduced in 1971, it replaced the former national currency, the Gambian po ...
Breakeven Tax Rate
Tax rate that is neither profitable nor unprofitable for an individual, company, or institution to engage in a certain transaction. It refers to a ...
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An informal and casual phrase used when an investor buys or sells a security at an advantageous amount by conducting a trade ahead of the market&rs ...
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Debt incurred for purchasing consumable goods or products that do not appreciate. Normally, an individual gain no benefit from possessing high leve ...
American Recovery and Reinvestment Act
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Since time immemorial, investors look after better profits and income paying stocks. While many consider themselves as ethical investors, the commo ...
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For studying socially responsible investments, the key word is ethics, of course.
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Most of the students mull over the idea of maximizing the federal loan availability first before borrowing for college through a private loan. Norm ...
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For assessing how a company performed in a given period, the relation between income and cash flow statements should be taken into account. Several ...
An Introduction to Insurance
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