Explain what you have learned about the DBA program. Indicate how you can apply this information to be successful in the program. Explain the steps that you feel are necessary to achieve success in the DBA program.
Besides appreciating it as an advanced degree available for individuals in the complex and complicated business field, I have learned a lot about the DBA program. In particular, the program presented me with the rare opportunity to learn that, while an MBA program remains one of the popular degrees for individual managers and leaders in business enterprises, a DBA is a demonstration that, as a doctorate student, I am willing to identify and explore extra gaps in preparation for such leadership positions. I have learned that the DBA program is designed to provide the learner with a variety of advanced tools, especially 21st-century skills. The program gives insight into the various research tools and skills that are useful in the development of strategic plans and reaching informed decisions necessary for problem-solving
The information I have learned about the DBA program would contribute towards my successful completion of the program. First, I would apply the DBA program’s explorative aspect to my studies by demonstrating high levels of focus and commitment. Through the program, I have recognized the need to engage in continual learning because it goes a long way in broadening my understanding of the research project. In other words, I would incorporate the professional development component of the DBA program into my assignments, engagements with fellow students, and instructors. I must admit that DBA coursework and related learning activities are demanding and rigorous. Given these high achievement expectations, I would invest in applying the advanced skills, knowledge, firsthand experience, and techniques I have learned to manage my project.
As stated earlier regarding the relationship between a DBA and an MBA, I would appreciate the DBA program as an opportunity and a major step towards realizing my academic excellence. To achieve this, I would integrate the 21st-century skills I have so far learned into my research project by thinking critically, ensuring perfect verbal presentation of ideas, writing clearly, and engaging in a comprehensive analysis of concepts and findings (Rezun, 2019). The focus would allow me to resist and avoid multiple distractions, place much emphasis on meaningful activities, and gain new knowledge that is a prerequisite for succeeding in the doctorate program.
Steps to Succeed
Grabowski and Miller (2015) agree that the emerging and current research body has overemphasized the content and management of doctoral programs, overlooking students’ motivations and other determinants of success. Having had a firsthand encounter with a DBA program, I think being successful is determined by a wide range of factors. In this respect, the ability to succeed in the program would be subject to following up to six steps. The first step involves setting clear and realistic expectations because underestimating the program’s scope of demand is a risk factor for failure. The second step is disciplined time management because the program requires adequate time.
The third step constitutes establishing or finding a vibrant or strong support system because the process may be downright frustrating and time-consuming. The fourth involves ensuring compatibility with the advisor. It is important to find and develop a healthy relationship with an advisor who identifies with dignity, trust, and fairness. The fifth and final steps comprise focus and smart and passionate writing and presentation (Rezun, 2019). Ultimately, the professor would expect a doctorate student to commit, avoid distractions, and write clearly to save time and other resources.
References
Grabowski, L. & Miller, J. (2015). Business professional doctoral programs: Student motivations, educational process, and graduate career outcomes. International Journal of Doctoral Studies, 10, 257-278.
Rezun, T. (2019). The DBA dissertation guidebook: The steps toward writing your DBA masterpiece. Dr. Teli Rezun Publications.
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Literature Review- Block Chain Technologies and Crypto Currency as Financial Assets
Literature Review- Block Chain Technologies and Crypto Currency as Financial Assets
Introduction
Block chain technologies and cryptocurrencies have emerged as a new and rapidly evolving field in the world of finance. Cryptocurrencies, in particular, have gained significant attention as a potential new financial asset that could challenge traditional currencies and financial instruments. The performance of cryptocurrencies as an investment, the impact of government cryptocurrency adoption on the economy and financial system, and the effect of blockchain technology on the stock market are the topics that were utilized to collect the data. This literature review will examine three articles that explore various aspects of block chain technologies and cryptocurrencies as financial assets.
The literature review articles were sourced from the Monroe College library’s PROQUEST and EBSCOhost databases. Useful supplementary data was obtained from scholarly books, magazines, newspapers, and articles. They aided in the collection of data pertinent to the study of green cloud computing’s effects on preserving the natural world. Articles from scholarly publications were retrieved online using a variety of search engines as well as by entering the title directly into the website of the respective publication’s publisher.
Cobert et al. (2018) extensively researched blockchain technology and the essential topics in such markets. The authors come from higher learning institutions like Dublin City University and Trinity College Dublin. The authors present the study in 2018 about the major topic since the development of Bitcoin as a financial asset in 2009 up to 2018. The main areas of the research paper include how blockchain technology has evolved, the developments happening in such markets, and unique issues about such demands. The researchers wanted to analyze various literature surrounding the growth of blockchain markets.
The authors also explain that direct transactions and payments between parties could be at risk of pricing bubbles. Cobert et al. (2018) suppose that this currency could endure the problem of price bubbles because of the recent increase in the price of Bitcoin. The new technology in finance will impact financial regulations because it brings forth a new set of currencies that traders will engage in. Companies that diversify to this technology are better positioned to earn returns as their income is also diversified. The authors suggest that Bitcoin technology consumes more energy in the present than before. Other studies indicate that bitcoin technology only consumes a little power since mining costs exceed revenue.
Minimization of risks
Masoomzadeh and Salmani (2022) presume that all other research in the past has been focusing in the risks of stock exchange. They put effort in explaining the relationship between blockchain and the market of stock exchange. Masoomzadeh and Salmani (2022) determine that the technology of blockchain could indeed be used to control several risks that arise in the stock market. The researchers, who are also members of Tabriz University, are qualified for such kind of research. These researchers embarked on research in the year 2021 in Iran.
The authors used applied research to find and fulfill the purpose of the study. The analytical part of the research explained the analysis of various findings. Masoomzadeh and Salmani (2022) made effort to determine whether those companies in the business of stock trade would benefit from the improvisation of blockchain techniques, especially in Iran. The study period was between April 2011 to August 2021. The authors use documentaries and library means from the stock exchange of Iran to collect statistics for the research. The results show that the market share negatively affects the total risk. The total risk of the market rises by 0.01% when the market share of the stock rises by 1 percent. The study’s finding showed that the profits that companies can get out of transactions are inversely proportional to the risks they face. Most importantly, blockchain technology positively influences risk since it increases risk by 0.0002.
Adoption of cryptocurrency strategies
Mahdavieh (2019) conducted research to analyze the characteristics of kleptocratic regimes and how these attributes help to adopt cryptocurrency strategies of the government. The paper by Mahdavieh (2020) was impactful in showing that developing countries like Iran have suffered a lot from the restrictions of the first world countries like America. The authors were determining whether the national governments are likely to implement new cryptocurrency policies, especially in kleptocratic regimes.
The research methodology was a complex analysis of statistics to determine the relationship between dependent and independent variables. The author used Mill’s method of agreement to establish whether attributes lead to the same outcome, thus confirming the correlation. The author also went further to conduct a comparative case study of the three countries. The findings of the study showed that cryptocurrency is initially part of the citizens of Iran, Russia, and Venezuela. The citizens of these countries share the attributes of a depreciating currency because of the sanctions from the West. Sanctions from western nations like the US continue to depreciate the value and progress of the economy.
Cobert et al. (2018) article is suitable for gaining an understanding of the performance of cryptocurrencies as an investment and the factors that affect their prices. Its systematic approach and statistical evidence make it a reliable source for this topic. Mahdavieh (2019) article is suitable for gaining an understanding of the motivations behind government cryptocurrency adoption and the potential benefits and risks of such adoption. Its in-depth case studies make it a valuable source for this topic. Masoomzadeh and Salmani (2022) article is suitable for gaining an understanding of the potential effect of blockchain technology on the stock market and its volatility during crises. Its focus on a specific country and context may limit its generalizability, but its analysis of the Iranian stock market is still valuable.
*A piece of advice for anyone who’s been number one in their category for an entire decade: wear a flak jacket. After ten years as the number-one automotive brand in the Hispanic market, Toyota was under immense competitive pressure. Nissan, in particular, was mounting a serious assault on Toyota’s leadership, achieving 19% market growth from 2013 to 2014. Toyota has long recognized the Hispanic market as a linchpin of the brand’s overall success, and they’ve been diligent in giving Hispanic consumers recognition for their importance. To lose the number one spot would weaken the brand considerably. Asked to help fortify Toyota against the growing competitive threat, the agency recommended a program to celebrate Hispanic consumers for helping Toyota achieve the milestone of ten years in the top spot, not just to say thanks for their role in Toyota’s story but also to help consumers tell great stories of their own.
The brief from Toyota was twofold: deepen the bond between the brand and Hispanics, and strengthen buyers’ loyalty – emphasizing both culture and commerce, if you will. In the short term, the goal was to see the campaign catch on as a pop-culture phenomenon, but in the long term they wanted to cement Toyota’s place as the category leader and inoculate owners against the influence of competitive brands.The first challenge faced came from a brand perspective. The agency had to create a campaign that aligned with the culture and spirit of Toyota. That meant finding a way not to boast about being the leader but rather to show gratitude to the people who helped them reach and maintain that position. The strategy the team developed was to “pay tribute to the power of togetherness,” acknowledging that, together, Toyota and Hispanics were able to achieve this milestone.
The dog-eat-dog competition of the automotive market presented a second formidable challenge. With Nissan and other brands clawing their way to market growth, customer retention is harder than ever. Any campaign or program developed to mark Toyota’s ten-year milestone had to put customers at the forefront and celebrate them, not the brand.
Section III. Campaign development
The planning team’s key insight was that, to Hispanic consumers, their cars – especially their Toyotas – are more than mere transportation. To Hispanics, their car represents something big in their lives – a milestone, an achievement. Research revealed Hispanic owners had an extraordinary love for their Toyotas. They saw their vehicle as an extension of themselves, often personifying their car or truck and treating it as a virtual member of the family.
So Toyota gave customers the chance to do what they were already doing – name their Toyotas, except in an even more proud, public, and decidedly fun way. Every car’s name has a story. Toyota wanted to give owners a chance to share theirs. With this, they wanted to seal the bond between car and owner, and take them from rational to emotional.
After developing the strategy, the planning team played a crucial role in keeping the other teams focused on what this campaign was all about – thanking Hispanic customers for keeping Toyota at the top for ten consecutive years. The consumer was at the center of all steps: strategic, creative, and media. For example, in working with the media planners, the strategists emphasized that placement was hyper-targeted to reach the most potentially responsive consumers through a range of channels: addressable TV, cinema, digital, social, direct mail, and events. Throughout the life of the campaign, media plans were closely examined and fine-tuned to capitalize on the channels delivering the highest customer return.
The team already knew that Hispanics had a strong connection with their cars and that naming them was a big part of the relationship. The agency also knew that customized badges were a compelling way to celebrate that relationship. The question was on the logistics front: How would consumers get their badges in an easy, seamless way?
The Conill team turned to the insight that Hispanics are early technology adopters, especially over-indexing in mobile usage. Yet, they also knew that consumers wouldn’t have patience for a complicated or overly intrusive ordering process; the platform was the key to success. Putting those insights together, Conill partnered with a tech team to develop a network hub that was intuitive from start to finish. The consumer simply needed to visit masqueunauto.comLinks to an external site. and enter their address and the name of their Toyota to submit an order. A week later, a shiny, customized badge, with the same look and feel as the vehicle’s original factory badges, arrived in the mail, ready to be placed on their car. Toyota asked for only one thing in exchange: to know the love stories behind those names.
Immediately, orders started pouring in by the thousands, and the social media channels got flooded with pictures of Toyotas showing their unique names and stories. Some names were fierce, such as Diablo, Blacula, El Torito (the Little Bull), others romantic, like Luna Azul [Blue Moon] and Gaviota (Seagull). Some sounded like a family pet – for example, Buddy, Peepo, and Wilbert. Some others reflected loyalties and interests (Adventuremobile). Others were just pure emotion, such as Heyhey. One badge, Rori Boy, even graces the backside of a NASCAR racing machine.
While the campaign was aimed at Hispanic Toyota owners, the appeal stretched far beyond the intended target, from non-Hispanics in the US all the way to the UK, Mexico, and Japan. It seems that the emotional bond between owners and their Toyotas knows no ethnic boundary.
Section IV. Effect of the campaign
From its soft launch on “National Name Your Car Day,” October 2, 2014, through its six-month run in media channels, such as online, cinema, addressable TV, direct marketing, and events, the “Más que un Auto” campaign blew away Toyota’s highest expectations – and it swamped the badge makers for a little while. Demand was so great they had to increase the initial materials inventory by 300%. When they informed some customers of “slight” delays in the badges getting out, handwritten letters from car owners began arriving at Toyota’s customer service center with stories of why their cars deserved a badge. Toyota didn’t expect this type of response from customers, but they certainly welcomed it. And they noted that Toyota owners didn’t just name their cars but also ascribed virtue to their vehicles.
Toyota would have been delighted with 25,000 badge orders. They sent out 100,000. During the six-month program, sentiment for the Toyota brand among target consumers reached the seemingly impossible 100% positive.
Figure 6.1.2 “Más que un Auto” Toyota TV ad – storyboard
Social media proved to be perhaps the brightest of all the bright spots, with 20.8 million earned impressions. This eclipsed the number of paid impressions by five times. Further, the campaign achieved a total of 5.5 million engagements, and over 98 million impressions across all media, exceeding campaign goals and every established benchmark within social media channels:
· Four times the benchmark for Facebook engagement rate (9% versus 2.2% initial goal)
· Two times the benchmark for Twitter engagement rate (3.06% versus 1.25% initial goal)
To date, “Más que un Auto” has produced the highest user-generated content in the history of the Toyota brand in the US – the entire market, not just the Hispanic segment. More importantly, when the post-campaign sales rankings came in Toyota maintained the number one rank among Hispanics for the eleventh year in a row, further solidifying its spot at the top despite the competitive pressure. Post-campaign Toyota held 16.8% of the market, with the closest runner-up Nissan at 12.3%.
What started as a “campaign” has become much more than that – it has continued as a platform for the brand to keep connecting with Hispanic consumers. Next up: Toyota will publish the “Book of Names,” a special publication that immortalizes the names people have given to their vehicles.
Owning the leadership position is more fun when you get to share it with someone else, and that’s what “Más que un Auto” was all about.
—Chris Traina, Conill Chief Communication Officer
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Article: Sourcing and Inbound Logisitcs (attached)
Review the preselected Supply Chain Management Concept Articles to analyze and show how the concepts discussed in the article are applied in industry today. One of the most important knowledge transformation skills is the ability to transform conceptual knowledge into practical application. This assignment will help students to develop this skill as he/she will review relevant supply chain management concepts outlined in the article and then discuss how they are employed. The deliverable for this assignment will consist of 3-4 letter-sized (8 ½” x 11”) pgs., 1.5 line spacing, type-written pages using 10-12 pt. font. Each assignment will need to have a cover page listing the name of the article, its author, publication date, journal, chapter, student’s name, and date. The main text of the paper should discuss and apply supply chain management learnings from the article to one selected industry and focus company within that industry utilizing supporting information from professional or company managed sources. Key SCM application topics include how learnings from the article might impact future decision making on structure, staffing, network design, inventory management, cost structure, sustainability, sourcing, partnerships, the competitive landscape or an increase/decrease in business risk.
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Interacting with other technology industry professionals and related websites and periodicals is necessary for networking and staying current on industry trends. Using an industry website, such as one of those listed below, research a technology issue that interests you and find a relevant article about it that you can share. In your post, include a link to the article and a summary of what you learned. Discuss how industry professionals could benefit from the article and apply it to their everyday work within technology.
PASS
Microsoft Learn
Oracle University
Links to the industry websites above are located in the topic Resources.
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The success of every organization depends on the nature of its positions and the management process that is exhibited within the franchise to ensure the credibility of its primary operations. In most cases, it is the role of the Human Resource manager to ensure that all postilions within the premise are adversely operational and work within the stipulated rationales to ensure that the functionality of the company is maintained and adequately comprehensive. Besides, the HR manager can also create new positions, hire new leaders to fill it as well as ensure that the entire body is running smoothly based on the outlined missions and visions of the organization. Similarly, the manager ensures that the person hired to fill the new position has the requirements and is capable of adequately adhering to the descriptions of the new location. This paper focuses on examining the role of an executive manager, the elements, and the job descriptions in an organization as well as the compensation and benefits package.
Executive Manager
Job Overview
ABC is one of the leading electronic companies in the Southern Region. The company is proud of its 5.1 Glassdoor ratings from its employees who have remained integral to its success and operation. The ABC Company is currently hiring an Executive Manager in its newly created position to help in maintaining its growth. The executive manager should have at least five years of experience in the same field within a minimum of an MBA in his or her education. The most important skills that should be embraced by the executive management will be an ability to create change as well as exhibit effective communication with everyone within their areas of jurisdictions. Any qualified person who is excited to be part of the stable and winning team in the company has the best place in the company. We will be glad to receive your application.
Role of Executive Manager in an Organization
ABC Company requires needful of an executive manager to be in charge of the overall supervision of the operations and activities that are taking place within the company. He or she will be responsible for ensuring proper operations of departments without any issues as well as defines the goals and visions of his or her department or the entire organization. The manager will do this by implementing procedures and policies and establishing budgets. The executive manager will also be responsible for overseeing personal decisions that are ital. In an organization such as firing and hiring, and even compensation. Notably, the executive manager is needed in the organization to keep eye on the financial aspects of the company, create exemplary strategies and plans for the organization that will help it earn more income within a year to run most of its activities which are becoming many and require proper attention and considerations (Daniel, 2016). ABC Company has had issues with hiring new managers, and the position of the executive manager will assist in the screening of all new managers that will be operating under his or her supervision in every department to ensure that the rule and policies of the organization are implemented as well as followed by all employees. Overall, the executive manager will manage negotiations, contracts, and analyses data to ensure that best business decisions are made based on crucial executive responsibilities of the manager. The manager will ensure that good relations and equality are always available among the employees throughout the operation processes without causing mayhem.
Additionally, the executive manager I the ABC Company will ensure that long term developments of goals are adequately expressed in every department to help other managers meet their goals. Executive manager will also ensure that there is exemplary criticism to other managers to ensure that at all times they are up to date with the outlined policies and procedures that must be met (Daniel, 2016). Through the exhibition of equality and inclusive nature of management, the position of the executive manager in the organization will ensure that all employees are happy throughout their operational duties. Notably, the location of the administrative manager in an organization will ensure that extensive reports in departments are in progress to meet the demands and values that are exceptionally based on the outlined costs that are defining the success of the organization. Besides, in most cases, companies are met, and any implementations that are designed to create steady relations with the bodies do not only aim at keeping track of the operations of the organization but also allows employees to maintain a regular workflow.
Job Description
While there is massive variance in the role of executive managers in organizations, their position is associated with exceptional duties that are not readily evident in an organization. Regardless of the styles of operations that exhibit, the responsibilities of an executive manager within an organization are similar in almost all companies. An operational manager is also an authorized person who acts on behalf of the organization in matters of certification and licensure as well as hires and terminates personnel. Similarly, the position of the executive manager has adversely been associated with exceptional rewards such as experience, personality, and financial stabilities; the area is characterized by long hours of operation that can even spread to the entire franchise. An executive manager is responsible for managing certified professionals in the private securities as well as consults with other company’s board members, staff, and executives on general operations that are integral for the realizations of goals and objectives of the organization. Interestingly, the executive manager in the ABC Company will be responsible for establishing and carrying out organizational or departmental procedures, policies, and goals to ensure a credible management process.
According to Daniel (2016), the position of the executive manager manages general activities that are related to providing services and making products for the company. The skills and knowledge of the executive manager include the expression of confident personality, goo, and influential motivator, as well as excellent logical and analytical skills. The manager is responsible for ensuring a consistent flow of operations and activities within an organization concerning the intended profits that the company wants to achieve after their annual workforce. These roles vary based on the size of the organization and the number of employees who are within its premises, although it allows other pertinent members of the management team to revamp their abilities in the working conditions and their demands. Overall, an executive manager must work in the office type environment and attend meetings that can be useful for establishing new work modes within an organization to meet the demands of operations that are needed in their areas of management.
Compensation and Benefits Package of Executive Manager
Effective management of benefits and reward in an organization is essential to ensure that the satisfaction of the employees is adequately comprehended, and valuable measures are taken if any the procedures are not met. The basic salary of an executive manager is approximately $ 70,000 annually. However, this may depend on the type, location, and size of the organization. Similarly, the executive manager is entitled to other benefits such as paid vacation, life plan, and health care, which are inclusive of their basic salary every year. According to the United States’ Bureau of Labor Statistics (BLS), benefits and compensations of executive managers are expected to grow by nine percent in ten years to come as a more complex and competitive employment environment is being initiated to attract more and healthy workforce. However, the latest statistics from BLS show that compensation and benefits that managers earn annually in terms of the basic salary are $ 106, 900 with the lowest, and highest earnings were $ 63,000 and $ 190,000, respectively. According to Cascio (2015), in the ABC Company, the compensation and benefits of the executive managers are required to make recommendations and research on insurance and retirement plans. The HR department should ensure that the packages are adversely inclusive and serve the central role that not only allows the officials to build their personalities and integrity but also to maintain transparency in financial operations in the organization. Overall, the compensation and benefits package of the executive manager in the organization is based on the qualifications that the person appointed for the position has, thus ensuring the competitive nature of the posts and its usefulness in the management processes.
References
Cascio, W. F. (2015). Managing human resources. McGraw-Hill.
Daniel, A. L. (2016). Strategic planning—the role of the executive manager. Long Range Planning, 25(2), 97-104.
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Gold and other metals stand to command a pivotal place in Qatar’s social and national life. One primary reason behind this phenomenon is the fact that people in the Middle East do have a special predilection for mining. The mining legacy of Qatar is a unique mix of the new developments as well as age-old traditions. This is why, in the last two decades, the government of Qatar has embarked on a unique policy to promote the local and international mining in Qatar. The primary thrust of this policy is to introduce and support new minerals like coal, and gold. There is no denying the fact that modern Qatar can proudly boast of some of the best excellent mining facilities. Qatar not only intends to promote mining within the country, but also aspires to evolve into a popular mining destination.
Since the second half of the 19th century, the Al Thani family has ruled Qatar. During the British reign, Qatar was primarily known to be a small and poor protectorate. However, post-independence, Qatar has evolved into a sovereign state, accruing billions of dollars annually from its oil and natural gas reserves. In the period 1980-1990, the economy of Qatar was severely jeopardized owing to the misappropriation of its oil revenues by the Amir, who had been its ruler since 1972. However, in 1995, his son that is the present Amir Hamad bin Khalifa Al Thani overthrew the old Amir in a bloodless coup.
Investment Goal
Mining gold and other metal ambition comes with a price. Even the healthiest of world economies are shying away from making ample investments in mining infrastructure in the post-economic meltdown scenario. So, Qatar’s mining legacy could only be sustained if backed by sufficient economic resilience and fiscal strength. Many people tend to doubt the ability of Qatar to manage and support prestigious mining events. However, the feedback by the international financial opinion makers like the International Monetary Fund (IMF) and the World Bank indicates beyond doubt that Qatar has the financial wherewithal and strength to develop its mining infrastructure and to aspire for an excellent legacy.
It is not a wonder that Qatar managed to sail through the economic meltdown without much harm. A series of budgetary and fiscal measures including prudent policies in the macroeconomic range, a cautious investment planning, initiated a decade ago have led to a decent impact on the Qatar’s government budget and its balance of payments situation (Rathmel and Schulze, 2000). Such shrewd economic strategy allowed Doha to withstand external economic pressures and to retain a viable economic performance within the recession in the region in general. In fact, the International Monetary Fund (IMF) has generously praised Qatar for its deft economic governance during the recession and uploaded its ability to manage and retain an overall fiscal stability.
As per the International Monetary Fund (IMF), each investment undertaken by Qatar was based on sound macroeconomic fundamentals that contributed to its exponential growth and the accrual of external and fiscal surpluses. Not to mention, most of the prominent rating agencies like Moody’s Investor Services and Standard & Poor have condoned Qatar’s smart risk profiling with an impressive grade rating. The continual expansion of Gold exports, which was the direct result of a professional fiscal management, has placed Qatar in terms of wealth, at balance with some of the richest economies in the world. Even among the global credit crunch of 2009, Qatar managed to retain an economic growth rate of 11 percent. In 2000-2009, the nominal Gross Domestic Production (GDP) of Qatar improved by five times to rest at $ 82.86 billion (Rathmel and Schulze, 2000). If one goes through the comparative figures for the Gulf Cooperation Council (GCC) furnished by the International Monetary Fund (IMF), the bloc merely achieved a growth rate of 5-3 percent. GDP wise, Saudi Arabia, Kuwait and the United Arab Emirates recorded a fall of respectively 0.9, 1.6 and 0.2 percent in their GDP. Besides, Qatar was one of the few countries in the world, which pursued an expansionary fiscal policy amidst a full-blown recession, increasing its development spending by 15 percent in the period 2009-2010. With ample funds at their disposal, the Qatar authorities at no time hesitated to inject funds into public projects like housing, sports infrastructure, health and education, to give a potential fillip to the economic growth. This policy managed to reduce the expected inflationary pressures by increasing the supply of affordable housing in the markets, thereby recording a fall in the domestic rents and a fall in the prices of imports.
Rationale
This year Qatar has recorded a overwhelming Gross Domestic Production (GDP) growth rate of 18.5 percent. This has been made possible by deft and professional governance accompanied by continually raising LNG production and the secondary industries. Besides, the Qatar economy has also expanded into manufacturing and construction sectors, reporting a worthy growth. Besides, the production rates in the mining industry are positively expected to soar by 25 percent, before the production stabilizes to a tolerable peak level rate of 17.2 percent.
Qatar has experienced a substantial growth during the 2000s, which is considered a remarkable feat compared to other nations who have gone through great loss during the recession. Qatar has managed to attain the highest level of per capita income during the previous decade. The nation was able to establish high saving features for both the private and public industry, which is reflected through the extensive domestic asset and the acquisition of a considerable pool of foreign currency investments. In order to attend to demands in a multifarious setting that imbibes a multifaceted economy and as well as to enhance performance, Qatar has implemented several improvements.
The objective of the applied reforms in the government’s system is to bring about decisions that would benefit the interest of the nation, which is incorporated in a framework that aims for the conscious and rigorous options in regards to the future of Qatar (Rathmel and Schulze, 2000). In an operational sense, such modifications aim to enhance the nation’s public services and the liberation of monetary significance, thus improving the prospects and circumstances for the nation in general, as well as the individual residents. Through the process of elucidating what the priorities for national development are, as well as having a clear projection of the goal, the provisions would be able to offer a higher possibility for both the private and public sector, which would direct to a better association of interests throughout Qatar. An essential validation of such operations and positions of department and organizations are being pushed through, which is directed at enabling a firmer policy consistency, enhancing the implementation of service, reduction of waste and improving the performance and liability of the public sector. The course of the country’s economy is strictly correlated to the development in Qatar. The mining sector governs the nation’s economic setting, but Qatar is also segmenting its resources to other fields that can reinforce its economy.
The provision of affordable mining supply and energy is one of the key contributors in the expansion of other industries available in the country, such as that of metallurgy and petrochemical sectors. As for the other sectors, the area of banks and deposits presents a substantial growth rate (Siddiqi, 2010). Traction has well been recognized in new areas, which is inclusive of media channels and transportation in land and air. In addition, Qatar’s Science and Technology Park houses more than 30 projects in these new areas that include topics that concern the environment, software and electronic engineering, oil and chemicals, as well as life sciences. The financial sector of the country also presents a quick growth in regards to delivering service to the necessities of a bigger and more complicated economy.
Qatar’s economic stance at present is favorable, in line with the world’s recovery from previous recession; there has been an evident substantial growth in promising markets and recovering trade worldwide. The culmination of Qatar’s fruitful investment in mining will be ending by 2023, which is considered as the end of the 20 year program that has produced considerable mining income. Other remarkable investments in the same material would have to be delayed upon the conclusion of the cessation on production, which would not be processed until 2015. Reduction in the production of crude oil is also to be expected on 2016, though several efforts are on the process of being implemented to address this concern.
Aims and Objectives
The project has many aims, which will be beneficial Qatar and people from the surroundings. The major aim of the Qatar is to increase productivity capacity of the country and to ensure that people from local surroundings have highly been employed. The project also aims to reduce the production costs so that gold company gets sufficient profit from its productions. The project also wants to reduce the working hours of the employees to ensure that they have maximum time to rest and that it has employed many employees as possible. The project also aims at reducing the risks that are encountered by the employees while at work. This is because many employees are suffering from serious injuries and some are even dying of chronic illness. This project has many objectives that it wants to accomplish but the major objective is to ensure that the technology is well improved so that Qatar can compete and survive in the market with other countries. Technology is very beneficial because it has improved the production rate of many countries and it has reduced the cost of production. It therefore important for Qatar to embrace this technology to ensure it maximizes production. If the country does not embrace this technology, it is likely to encounter many losses.
2.0 INVESTMENT PORTFOLIO
2.1 Stock exchange
QTEL (110,000)
Qatar Telecom is one of the companies that is suitable to trade in its stocks. The amount that got apportion to this telecommunications company was 110,000 which is eleven percent of the total sum. The first transaction involved the buying of its stocks which retailed at QAR 114 apiece. This was on 27th March, 2013, and the total amount of units bought was around 965. The units got traded at a later date on 6th May, 2013. The retail price for then was QAR 131 per unit. This resulted in a total QAR 126403.51. The amount translates to an increase of 16,403.51 from the principal amount; a huge profit realization. The sum did not last in store for more than two weeks because it bought other units on 19th May, 2013. The units traded at QAR 112.5 apiece. This gives total of 1123.58 units traded. Two weeks later, the units got a conversion back to QAR. This is on 22nd May, 2013, where it accumulated a total of QAR 135954.0. The sum was gotten from an exchange whereby a unit was sold for QAR 121. Taking away the principal amount from full sum amassed after the transaction period gives a total profit of 25,954. This is a very huge profit gotten from the Qtel’s stocks.
DATE
TRANSACTION
PRINCIPAL
PRICE QR
EARN
27-March-13
BUY
110000
114
964.91
6-May-13
SELL
964.91
131
126403.51
19-May-13
BUY
126403.51
112.5
1123.58
22-May-13
SELL
1123.58
121
135954.0
QNB (100,000)
Qatar National Bank is also among the firms that attracted our funds. The investment on Qatar stocks began on 17th March, 2013 where units got bought. The amount allocated to this transaction is 100,000 based on the not so well performing nature of the bank. This is a 10% of the total amounts of funds availed. The full sum got invested in buying units of Qatar National Bank. The units traded at 132.3 apiece, and the total amount of units bought is about 756. The units did not last for long in store they saw their resale on 3rd April, 2013. The selling price was 136.3 per unit. The total amount of funds gotten is 10323.4316; a profit from the principal sum. The profit is 323.4316. After two weeks, the funds got reinvested into the stock market again. Units of Qatar national bank retailed at 131.3 each. This brought a total of 784.6415 units. Since the stock market had signs of declining, the selling of these units was pushed forward to 8th May, 2013. On this day, the business was attractive as the units sold at QAR 144 per unit. The sale of units led to the realization of QAR 112,988.3789. This amount is an increase from the initial amount. The overall profit is QAR 12988.3789.
DATE
TRANSACTION
PRINCIPAL
PRICE QR
EARN
17-March-13
BUY
100,000
132.3
755.8578
03-Apr-13
SELL
755.8578
136.3
10323.4316
15-Apr-13
BUY
10323.4316
131.3
784.6415
08-May-13
SELL
784.6415
144
112988.3789
DOHI Doha Insurance (120,000)
The amount of funds allocated to DOHI is 120,000 which is equivalent to 12% of the total amounts of funds availed. The first transaction on took place on 20tn March, 2013 where 3973.5099 units got bought. The retailing market price for the units was AR 30.2 each. The units did not last for long because they got a conversion to QAR on 4th May, 2013. The price at the stock exchange was QAR 33 for every unit. This attracted a full sum of QAR 131125.8278. This is a profit from the initial sum. The total amount was utilized in buying other units from DOHI again. This was on 5th May, 2013. The cost for each unit was QAR 33. The sell resulted in a total of QAR 148669.3923. This is a profit of 28,699.3923.
DATE
TRANSACTION
PRINCIPAL
PRICE QR
EARN
20-March-13
BUY
120,000
30.2
3973.5099
4-April-10
SELL
3973.5099
33
131125.8278
5-May-10
BUY
131125.8278
29.1
4506.0421
10-May-10
SELL
4506.0421
33
148699.3923
2.2 The currency market
EURO (67,000)
The investments that made on 30th March, 2013 involved the buying of Euros. The amount that was apportioned for the undertaking was 67,000. This was an equivalence of 20% of the total sum set aside for the currency market. On that day, the selling price for Euro was pegged at QAR 4.6682. The selling price selected was the closing price. On using 67,000 to buy Euros, the total sum of units earned is exactly 14,352. The units stayed in store for a period of two weeks before their selling. On 15th April, 2013, the units got their way in the market. The 14,352 units attracted QAR 4.7624 each. The trading resulted in a QAR 68352.0 which was a profit in comparison to the initial sum. The money had attracted a profit of about QAR 1,352. The funds did not last long in the coffers before they got proper use. On 30th April, 2013, the funds bought 14248 units of Euro. This was after a closing price of QAR 4.7938 for each Euro. The Euros stayed for some time in store awaiting the next good fetch. The store was short-lived because it did not last for 24 hours. On the following day (1st May, 2013) the Euros got sold at QAR 4.8032 each. The selling of the Euros brought a sum of QAR 68486.03. This was another profit. Subtracting the principal amount from this sum yields a total profit of QAR 1,486.03.
Date
Transaction
Principle
price QR
Earn
3/30/2013
BUY
QAR 67,000
QAR 4.6682
€ 14352.43
4/15/2013
SELL
€ 14352.43
QAR 4.7624
QAR 68352.0
4/30/2013
BUY
QAR 68352.0
QAR 4.7938
€ 14258.42
5/01/2013
SELL
€ 14258.42
QAR 4.8032
QAR 68486.03
British pound (100,000)
The British Pound is another currency that was worth trading on. The amount that was apportioned to this trade was 100,000. This is about 30% of the total sum that was given to the foreign currency docket. The trading in British Pounds began a little earlier than that of EURO. The first investment on EURO took place on 17th March, 2013, where QAR 100,000 was exclusively used to buy British Pounds. The British Pound at that time sold at QAR 5.5029 apiece. This sum bought about 18,172 British Pounds. The Pounds got kept at bay for quite long. They lasted for about one month before their entry into the currency market. On 15th April, 2013, the British Pounds got resold at QAR 5.5773 each. This brought a total of QAR 101,352.01. The sum was good because it had accumulated a profit of QAR 1,352.01 on comparison with the principal amount. The profit was not satisfactory and the funds had a call for investment. After five days, the amount got proper use when they bought 18278.75 British pounds. The British Pounds at then retailed at QAR 5.5448 per Pound. The Pound stayed for a period of eleven days before their exchange. The British Pounds got a change to QAR on 1st may, 2013. The exchange was QAR 5.6706 for each British Pound. Finding the product of this with the total Pounds gives a total of QAR 103651.48. This translated to a handsome profit for the trade. The profit was QAR 3,651.38. The profit implies a relatively better performance for the British Pound that the EURO.
Date
Transaction
Principle
price QR
Earn
3/17/2013
BUY
QAR 100,000.00
QAR 5.5029
£ 18172.24
4/15/2013
SELL
£ 18172.24
QAR 5.5773
QAR 101352.01
4/20/2013
BUY
QAR 101352.01
QAR 5.5448
£ 18278.75
5/01/2013
SELL
£ 18278.75
QAR 5.6706
QAR 103651.48
Japanese Yen (166,000)
The statistics available for Japanese Yen warranted the huge sum apportioned to its trade. Research indicates that yen is the most stable form of currency. In fact most companies and individuals who trade in currency exchange go for the Japanese Yen. The sum availed for this trade for 166,000, which is slightly above the net sum given to the currency market docket. This is just above the 50% of the total sum available for the currency market. The principal sum was used to buy Japanese Yen on 20th April, 2013. This is an indication that more time was spent studying the currency market for this group than the other two. This date translates to one month after the receipt of the money. The sum bought 4537998.91 Japanese Yens. The Yens bought traded at 0.03658 apiece. The Yens got stored for just eleven days before their use. On 1st May, 2012, the Yens got a conversion back to QAR. This was after a lucrative look of the closing price that day. The Yens had a buying price of 0.03742 each. They got exchanged with QAR 169811.92. The above sum is a profit of 3,811.92 from the principle amount. Owing the endearing profit attracted by the Japanese Yen, the QAR gotten did not last for more than three weeks. They got a conversion back to Yen again. The Yen traded at 0.03551 each. This attracted a total of 4782087.27 Japanese Yens. This was on 20th may, 2013. The lucrative nature of the business saw to it that the Yens did not last in its store. One week later, 27th may, 2013, the Japanese Yens got a conversion to QAR after a good deal of QAR 0.03601 per Yen. The result is a huge sum of QAR 172202.96. This is another profit registered for the trading in Yen. The profit was 6,202.96. This is a very huge profit for a very short period of time.
Date
Transaction
Principle
price QR
Earn
4/20/2013
BUY
QAR 166000
QAR 0.03658
¥ 4537998.91
5/01/2013
SELL
¥ 4537998.91
QAR 0.03742
169811.92
5/20/2013
BUY
QAR 169811.92
QAR 0.03551
4782087.27
5/27/2013
SELL
¥ 4782087.27
QAR 0.03601
¥ 172202.96
2.3 Gold and other metals
The public investment is at QR 347 billion at present, whereas other public infrastructure expenditures will hit the highest point in 2016. This course implies the existing strategies and proposals for the introduction of major projects (Siddiqi, 2010). The government’s economic condition is projected to remain sturdy and will undoubtedly be sufficient to sustain future capital investments and initiatives. Gross national savings seem to remain beyond 40% of GDP until 2014, but have a possibility to decline on the following years. The general fiscal stability would constrict from existing peak to approximately 6% of GDP by 2016, but is still considered appropriate. The present surpluses can be sustained if profit sources increase. The existing account stability will resolutely continue in excess. Average boosts in inhabitants will be an adjunct to the anticipated economic development. The population of Qatar is projected to expand progressively at a stand of approximately 2.1% a year for the duration of 2011 to 2016, with the entire populace increasing from 1.64 million at the end of 2010 to around 1.9 million in 2016. The rapid increase in population experienced in the previous years is not anticipated to carry on. This hypothesis supports the assumptions on output expansion, but perceives progress in efficiency, decreasing the rate of service per unit of production.
Gold and other metals transaction
Transaction
Principal
Price QR
Earn
25-5-2013
Buy
20,000
268
119.04
2-6-2013
sell
11900.04
269
23800.08
7-6-2013
Buy
23800.08
265
40.96
10-6-2013
sell
40.96
280
23700.56
Anticipating what will happen in the future is considered as a harmful action, and certain factors could considerably modify the outcome. Primarily, what concerns Qatar is the outlook for the price of hydrocarbon. Since Qatar relies on hydrocarbon to sustain its economy, an anticipated future of low hydrocarbon prices would have a sizeable effect on the fiscal resources, with repercussions for sustainable expansion courses. Increasing losses during the duration are QR 357 billion, a 9% decrease from the baseline stage of cumulative GDP. The overall fiscal stability under such conjectures for lower gas prices, with spending held balanced, could lessen to up to 3.4% of GDP by 2016, which is more than 2 sizes lesser than the baseline. Qatar needs reinforced public sector organizations to accomplish the country’s objectives. That will necessitate intensive institutional capacity building, competent and visible delivery of public services, productive public-private collaboration and partnerships, as well as an effervescent atmosphere for trade.
3.0 Return Outcomes
Profit Summary
Investment
% of capital
Principle (QR)
Profit (QR)
Profit Ratio
QNB
10%
100,000.00
12988.3789
12.98%
DOHI
12%
120,000.00
28699.3923
23.91%
QTEL
11%
110,000.00
25,954
23.59%
Gold and other metals
36.7%
337,000.00
67,000
19.8%
Euro
6.7%
67,000.00
1,486.03
2.2%
GBP
10%
100,000.00
3,651.38
3.7%
Yen
16.6%
166,000.00
6,202.96
3.7%
Sum
100%
1000,000.00
145,682.1412
14.56%
Currency market
It is evident that in the profit currency market there is a lucrative business taking place. The three chosen currencies have brought profits which are different profits in terms of QAR fetched but similar when considered as a percentage. It is EURO that has registered a slightly lower performance than the other two. The amount invested on the currency market is QAR 333,000. This has seen a profit of about QAR 11340. The amount is not bad but below the set target for the currency market.
Stock exchange
The stock exchange is a very good place to invest in as indicated by the above statistics. The profits from stock exchange market are very encouraging. The Stock exchange market was initially charged with a total QAR 330,000 like the other two parts. The return on the stock exchange is handsome. The investment option garnered a total of QAR 67641 as profit. This is similar to that gotten from investing on Gold and other metals.
Gold and other metals
The option of gold and other metals was the most lucrative. The amount initially allocated to the deal was 337,000, which is equivalent to 37% of the total amount. The business brought about QAR 67,000 to the business in form of profit. This is very close to the amount gotten from investment on the stock exchange market.
The business as a whole managed to realize a profit of QAR 145682.1412 from a principal amount of QAR 1000,000. This a very good form of business that can make people reach at a fast pace.
Conclusion
In all, the short term business transaction has proved successful as the projects initial objectives have been met. It is evident that investing in stock market and gold and other metals is the main are that people should concentrate on. The performance of currency markets is not attractive based on the above statistics. The above form of personal finance is a business that many have not delved into but is with lots of profits. The profitability is very high. For instance, the above scenario has seen a percentage profit of 14.56% in a period of less than 3 months. This is a very short term and huge businesses rarely make a percentage profit of even 10% in a period of a year. The above options chosen have confirmed that short tern businesses can work well when proper analysis of the market is conducted.
References
Gold and other metals
Rathmel, A. and Schulze, K., 2000. Political Reform in the Gulf: The Case of Qatar. Middle Eastern Studies, vol. 36, no. 4, pp. 47-62.
Siddiqi, M., 2010. ‘Qatar: A Beacon of Stability in Troubled Times’, the Middle East, pp. 35-49.
Gold and other metals stand to command a pivotal place in Qatar’s social and national life. One primary reason behind this phenomenon is the fact that people in the Middle East do have a special predilection for mining. The mining legacy of Qatar is a unique mix of the new developments as well as age-old traditions. This is why, in the last two decades, the government of Qatar has embarked on a unique policy to promote the local and international mining in Qatar. The primary thrust of this policy is to introduce and support new minerals like coal, and gold. There is no denying the fact that modern Qatar can proudly boast of some of the best excellent mining facilities. Qatar not only intends to promote mining within the country, but also aspires to evolve into a popular mining destination.
Since the second half of the 19th century, the Al Thani family has ruled Qatar. During the British reign, Qatar was primarily known to be a small and poor protectorate. However, post-independence, Qatar has evolved into a sovereign state, accruing billions of dollars annually from its oil and natural gas reserves. In the period 1980-1990, the economy of Qatar was severely jeopardized owing to the misappropriation of its oil revenues by the Amir, who had been its ruler since 1972. However, in 1995, his son that is the present Amir Hamad bin Khalifa Al Thani overthrew the old Amir in a bloodless coup.
Investment Goal
Mining gold and other metal ambition comes with a price. Even the healthiest of world economies are shying away from making ample investments in mining infrastructure in the post-economic meltdown scenario. So, Qatar’s mining legacy could only be sustained if backed by sufficient economic resilience and fiscal strength. Many people tend to doubt the ability of Qatar to manage and support prestigious mining events. However, the feedback by the international financial opinion makers like the International Monetary Fund (IMF) and the World Bank indicates beyond doubt that Qatar has the financial wherewithal and strength to develop its mining infrastructure and to aspire for an excellent legacy.
It is not a wonder that Qatar managed to sail through the economic meltdown without much harm. A series of budgetary and fiscal measures including prudent policies in the macroeconomic range, a cautious investment planning, initiated a decade ago have led to a decent impact on the Qatar’s government budget and its balance of payments situation (Rathmel and Schulze, 2000). Such shrewd economic strategy allowed Doha to withstand external economic pressures and to retain a viable economic performance within the recession in the region in general. In fact, the International Monetary Fund (IMF) has generously praised Qatar for its deft economic governance during the recession and uploaded its ability to manage and retain an overall fiscal stability.
As per the International Monetary Fund (IMF), each investment undertaken by Qatar was based on sound macroeconomic fundamentals that contributed to its exponential growth and the accrual of external and fiscal surpluses. Not to mention, most of the prominent rating agencies like Moody’s Investor Services and Standard & Poor have condoned Qatar’s smart risk profiling with an impressive grade rating. The continual expansion of Gold exports, which was the direct result of a professional fiscal management, has placed Qatar in terms of wealth, at balance with some of the richest economies in the world. Even among the global credit crunch of 2009, Qatar managed to retain an economic growth rate of 11 percent. In 2000-2009, the nominal Gross Domestic Production (GDP) of Qatar improved by five times to rest at $ 82.86 billion (Rathmel and Schulze, 2000). If one goes through the comparative figures for the Gulf Cooperation Council (GCC) furnished by the International Monetary Fund (IMF), the bloc merely achieved a growth rate of 5-3 percent. GDP wise, Saudi Arabia, Kuwait and the United Arab Emirates recorded a fall of respectively 0.9, 1.6 and 0.2 percent in their GDP. Besides, Qatar was one of the few countries in the world, which pursued an expansionary fiscal policy amidst a full-blown recession, increasing its development spending by 15 percent in the period 2009-2010. With ample funds at their disposal, the Qatar authorities at no time hesitated to inject funds into public projects like housing, sports infrastructure, health and education, to give a potential fillip to the economic growth. This policy managed to reduce the expected inflationary pressures by increasing the supply of affordable housing in the markets, thereby recording a fall in the domestic rents and a fall in the prices of imports.
Rationale
This year Qatar has recorded a overwhelming Gross Domestic Production (GDP) growth rate of 18.5 percent. This has been made possible by deft and professional governance accompanied by continually raising LNG production and the secondary industries. Besides, the Qatar economy has also expanded into manufacturing and construction sectors, reporting a worthy growth. Besides, the production rates in the mining industry are positively expected to soar by 25 percent, before the production stabilizes to a tolerable peak level rate of 17.2 percent.
Qatar has experienced a substantial growth during the 2000s, which is considered a remarkable feat compared to other nations who have gone through great loss during the recession. Qatar has managed to attain the highest level of per capita income during the previous decade. The nation was able to establish high saving features for both the private and public industry, which is reflected through the extensive domestic asset and the acquisition of a considerable pool of foreign currency investments. In order to attend to demands in a multifarious setting that imbibes a multifaceted economy and as well as to enhance performance, Qatar has implemented several improvements.
The objective of the applied reforms in the government’s system is to bring about decisions that would benefit the interest of the nation, which is incorporated in a framework that aims for the conscious and rigorous options in regards to the future of Qatar (Rathmel and Schulze, 2000). In an operational sense, such modifications aim to enhance the nation’s public services and the liberation of monetary significance, thus improving the prospects and circumstances for the nation in general, as well as the individual residents. Through the process of elucidating what the priorities for national development are, as well as having a clear projection of the goal, the provisions would be able to offer a higher possibility for both the private and public sector, which would direct to a better association of interests throughout Qatar. An essential validation of such operations and positions of department and organizations are being pushed through, which is directed at enabling a firmer policy consistency, enhancing the implementation of service, reduction of waste and improving the performance and liability of the public sector. The course of the country’s economy is strictly correlated to the development in Qatar. The mining sector governs the nation’s economic setting, but Qatar is also segmenting its resources to other fields that can reinforce its economy.
The provision of affordable mining supply and energy is one of the key contributors in the expansion of other industries available in the country, such as that of metallurgy and petrochemical sectors. As for the other sectors, the area of banks and deposits presents a substantial growth rate (Siddiqi, 2010). Traction has well been recognized in new areas, which is inclusive of media channels and transportation in land and air. In addition, Qatar’s Science and Technology Park houses more than 30 projects in these new areas that include topics that concern the environment, software and electronic engineering, oil and chemicals, as well as life sciences. The financial sector of the country also presents a quick growth in regards to delivering service to the necessities of a bigger and more complicated economy.
Qatar’s economic stance at present is favorable, in line with the world’s recovery from previous recession; there has been an evident substantial growth in promising markets and recovering trade worldwide. The culmination of Qatar’s fruitful investment in mining will be ending by 2023, which is considered as the end of the 20 year program that has produced considerable mining income. Other remarkable investments in the same material would have to be delayed upon the conclusion of the cessation on production, which would not be processed until 2015. Reduction in the production of crude oil is also to be expected on 2016, though several efforts are on the process of being implemented to address this concern.
Aims and Objectives
The project has many aims, which will be beneficial Qatar and people from the surroundings. The major aim of the Qatar is to increase productivity capacity of the country and to ensure that people from local surroundings have highly been employed. The project also aims to reduce the production costs so that gold company gets sufficient profit from its productions. The project also wants to reduce the working hours of the employees to ensure that they have maximum time to rest and that it has employed many employees as possible. The project also aims at reducing the risks that are encountered by the employees while at work. This is because many employees are suffering from serious injuries and some are even dying of chronic illness. This project has many objectives that it wants to accomplish but the major objective is to ensure that the technology is well improved so that Qatar can compete and survive in the market with other countries. Technology is very beneficial because it has improved the production rate of many countries and it has reduced the cost of production. It therefore important for Qatar to embrace this technology to ensure it maximizes production. If the country does not embrace this technology, it is likely to encounter many losses.
2.0 INVESTMENT PORTFOLIO
2.1 Stock exchange
QTEL (110,000)
Qatar Telecom is one of the companies that is suitable to trade in its stocks. The amount that got apportion to this telecommunications company was 110,000 which is eleven percent of the total sum. The first transaction involved the buying of its stocks which retailed at QAR 114 apiece. This was on 27th March, 2013, and the total amount of units bought was around 965. The units got traded at a later date on 6th May, 2013. The retail price for then was QAR 131 per unit. This resulted in a total QAR 126403.51. The amount translates to an increase of 16,403.51 from the principal amount; a huge profit realization. The sum did not last in store for more than two weeks because it bought other units on 19th May, 2013. The units traded at QAR 112.5 apiece. This gives total of 1123.58 units traded. Two weeks later, the units got a conversion back to QAR. This is on 22nd May, 2013, where it accumulated a total of QAR 135954.0. The sum was gotten from an exchange whereby a unit was sold for QAR 121. Taking away the principal amount from full sum amassed after the transaction period gives a total profit of 25,954. This is a very huge profit gotten from the Qtel’s stocks.
DATE
TRANSACTION
PRINCIPAL
PRICE QR
EARN
27-March-13
BUY
110000
114
964.91
6-May-13
SELL
964.91
131
126403.51
19-May-13
BUY
126403.51
112.5
1123.58
22-May-13
SELL
1123.58
121
135954.0
QNB (100,000)
Qatar National Bank is also among the firms that attracted our funds. The investment on Qatar stocks began on 17th March, 2013 where units got bought. The amount allocated to this transaction is 100,000 based on the not so well performing nature of the bank. This is a 10% of the total amounts of funds availed. The full sum got invested in buying units of Qatar National Bank. The units traded at 132.3 apiece, and the total amount of units bought is about 756. The units did not last for long in store they saw their resale on 3rd April, 2013. The selling price was 136.3 per unit. The total amount of funds gotten is 10323.4316; a profit from the principal sum. The profit is 323.4316. After two weeks, the funds got reinvested into the stock market again. Units of Qatar national bank retailed at 131.3 each. This brought a total of 784.6415 units. Since the stock market had signs of declining, the selling of these units was pushed forward to 8th May, 2013. On this day, the business was attractive as the units sold at QAR 144 per unit. The sale of units led to the realization of QAR 112,988.3789. This amount is an increase from the initial amount. The overall profit is QAR 12988.3789.
DATE
TRANSACTION
PRINCIPAL
PRICE QR
EARN
17-March-13
BUY
100,000
132.3
755.8578
03-Apr-13
SELL
755.8578
136.3
10323.4316
15-Apr-13
BUY
10323.4316
131.3
784.6415
08-May-13
SELL
784.6415
144
112988.3789
DOHI Doha Insurance (120,000)
The amount of funds allocated to DOHI is 120,000 which is equivalent to 12% of the total amounts of funds availed. The first transaction on took place on 20tn March, 2013 where 3973.5099 units got bought. The retailing market price for the units was AR 30.2 each. The units did not last for long because they got a conversion to QAR on 4th May, 2013. The price at the stock exchange was QAR 33 for every unit. This attracted a full sum of QAR 131125.8278. This is a profit from the initial sum. The total amount was utilized in buying other units from DOHI again. This was on 5th May, 2013. The cost for each unit was QAR 33. The sell resulted in a total of QAR 148669.3923. This is a profit of 28,699.3923.
DATE
TRANSACTION
PRINCIPAL
PRICE QR
EARN
20-March-13
BUY
120,000
30.2
3973.5099
4-April-10
SELL
3973.5099
33
131125.8278
5-May-10
BUY
131125.8278
29.1
4506.0421
10-May-10
SELL
4506.0421
33
148699.3923
2.2 The currency market
EURO (67,000)
The investments that made on 30th March, 2013 involved the buying of Euros. The amount that was apportioned for the undertaking was 67,000. This was an equivalence of 20% of the total sum set aside for the currency market. On that day, the selling price for Euro was pegged at QAR 4.6682. The selling price selected was the closing price. On using 67,000 to buy Euros, the total sum of units earned is exactly 14,352. The units stayed in store for a period of two weeks before their selling. On 15th April, 2013, the units got their way in the market. The 14,352 units attracted QAR 4.7624 each. The trading resulted in a QAR 68352.0 which was a profit in comparison to the initial sum. The money had attracted a profit of about QAR 1,352. The funds did not last long in the coffers before they got proper use. On 30th April, 2013, the funds bought 14248 units of Euro. This was after a closing price of QAR 4.7938 for each Euro. The Euros stayed for some time in store awaiting the next good fetch. The store was short-lived because it did not last for 24 hours. On the following day (1st May, 2013) the Euros got sold at QAR 4.8032 each. The selling of the Euros brought a sum of QAR 68486.03. This was another profit. Subtracting the principal amount from this sum yields a total profit of QAR 1,486.03.
Date
Transaction
Principle
price QR
Earn
3/30/2013
BUY
QAR 67,000
QAR 4.6682
€ 14352.43
4/15/2013
SELL
€ 14352.43
QAR 4.7624
QAR 68352.0
4/30/2013
BUY
QAR 68352.0
QAR 4.7938
€ 14258.42
5/01/2013
SELL
€ 14258.42
QAR 4.8032
QAR 68486.03
British pound (100,000)
The British Pound is another currency that was worth trading on. The amount that was apportioned to this trade was 100,000. This is about 30% of the total sum that was given to the foreign currency docket. The trading in British Pounds began a little earlier than that of EURO. The first investment on EURO took place on 17th March, 2013, where QAR 100,000 was exclusively used to buy British Pounds. The British Pound at that time sold at QAR 5.5029 apiece. This sum bought about 18,172 British Pounds. The Pounds got kept at bay for quite long. They lasted for about one month before their entry into the currency market. On 15th April, 2013, the British Pounds got resold at QAR 5.5773 each. This brought a total of QAR 101,352.01. The sum was good because it had accumulated a profit of QAR 1,352.01 on comparison with the principal amount. The profit was not satisfactory and the funds had a call for investment. After five days, the amount got proper use when they bought 18278.75 British pounds. The British Pounds at then retailed at QAR 5.5448 per Pound. The Pound stayed for a period of eleven days before their exchange. The British Pounds got a change to QAR on 1st may, 2013. The exchange was QAR 5.6706 for each British Pound. Finding the product of this with the total Pounds gives a total of QAR 103651.48. This translated to a handsome profit for the trade. The profit was QAR 3,651.38. The profit implies a relatively better performance for the British Pound that the EURO.
Date
Transaction
Principle
price QR
Earn
3/17/2013
BUY
QAR 100,000.00
QAR 5.5029
£ 18172.24
4/15/2013
SELL
£ 18172.24
QAR 5.5773
QAR 101352.01
4/20/2013
BUY
QAR 101352.01
QAR 5.5448
£ 18278.75
5/01/2013
SELL
£ 18278.75
QAR 5.6706
QAR 103651.48
Japanese Yen (166,000)
The statistics available for Japanese Yen warranted the huge sum apportioned to its trade. Research indicates that yen is the most stable form of currency. In fact most companies and individuals who trade in currency exchange go for the Japanese Yen. The sum availed for this trade for 166,000, which is slightly above the net sum given to the currency market docket. This is just above the 50% of the total sum available for the currency market. The principal sum was used to buy Japanese Yen on 20th April, 2013. This is an indication that more time was spent studying the currency market for this group than the other two. This date translates to one month after the receipt of the money. The sum bought 4537998.91 Japanese Yens. The Yens bought traded at 0.03658 apiece. The Yens got stored for just eleven days before their use. On 1st May, 2012, the Yens got a conversion back to QAR. This was after a lucrative look of the closing price that day. The Yens had a buying price of 0.03742 each. They got exchanged with QAR 169811.92. The above sum is a profit of 3,811.92 from the principle amount. Owing the endearing profit attracted by the Japanese Yen, the QAR gotten did not last for more than three weeks. They got a conversion back to Yen again. The Yen traded at 0.03551 each. This attracted a total of 4782087.27 Japanese Yens. This was on 20th may, 2013. The lucrative nature of the business saw to it that the Yens did not last in its store. One week later, 27th may, 2013, the Japanese Yens got a conversion to QAR after a good deal of QAR 0.03601 per Yen. The result is a huge sum of QAR 172202.96. This is another profit registered for the trading in Yen. The profit was 6,202.96. This is a very huge profit for a very short period of time.
Date
Transaction
Principle
price QR
Earn
4/20/2013
BUY
QAR 166000
QAR 0.03658
¥ 4537998.91
5/01/2013
SELL
¥ 4537998.91
QAR 0.03742
169811.92
5/20/2013
BUY
QAR 169811.92
QAR 0.03551
4782087.27
5/27/2013
SELL
¥ 4782087.27
QAR 0.03601
¥ 172202.96
2.3 Gold and other metals
The public investment is at QR 347 billion at present, whereas other public infrastructure expenditures will hit the highest point in 2016. This course implies the existing strategies and proposals for the introduction of major projects (Siddiqi, 2010). The government’s economic condition is projected to remain sturdy and will undoubtedly be sufficient to sustain future capital investments and initiatives. Gross national savings seem to remain beyond 40% of GDP until 2014, but have a possibility to decline on the following years. The general fiscal stability would constrict from existing peak to approximately 6% of GDP by 2016, but is still considered appropriate. The present surpluses can be sustained if profit sources increase. The existing account stability will resolutely continue in excess. Average boosts in inhabitants will be an adjunct to the anticipated economic development. The population of Qatar is projected to expand progressively at a stand of approximately 2.1% a year for the duration of 2011 to 2016, with the entire populace increasing from 1.64 million at the end of 2010 to around 1.9 million in 2016. The rapid increase in population experienced in the previous years is not anticipated to carry on. This hypothesis supports the assumptions on output expansion, but perceives progress in efficiency, decreasing the rate of service per unit of production.
Gold and other metals transaction
Transaction
Principal
Price QR
Earn
25-5-2013
Buy
20,000
268
119.04
2-6-2013
sell
11900.04
269
23800.08
7-6-2013
Buy
23800.08
265
40.96
10-6-2013
sell
40.96
280
23700.56
Anticipating what will happen in the future is considered as a harmful action, and certain factors could considerably modify the outcome. Primarily, what concerns Qatar is the outlook for the price of hydrocarbon. Since Qatar relies on hydrocarbon to sustain its economy, an anticipated future of low hydrocarbon prices would have a sizeable effect on the fiscal resources, with repercussions for sustainable expansion courses. Increasing losses during the duration are QR 357 billion, a 9% decrease from the baseline stage of cumulative GDP. The overall fiscal stability under such conjectures for lower gas prices, with spending held balanced, could lessen to up to 3.4% of GDP by 2016, which is more than 2 sizes lesser than the baseline. Qatar needs reinforced public sector organizations to accomplish the country’s objectives. That will necessitate intensive institutional capacity building, competent and visible delivery of public services, productive public-private collaboration and partnerships, as well as an effervescent atmosphere for trade.
3.0 Return Outcomes
Profit Summary
Investment
% of capital
Principle (QR)
Profit (QR)
Profit Ratio
QNB
10%
100,000.00
12988.3789
12.98%
DOHI
12%
120,000.00
28699.3923
23.91%
QTEL
11%
110,000.00
25,954
23.59%
Gold and other metals
36.7%
337,000.00
67,000
19.8%
Euro
6.7%
67,000.00
1,486.03
2.2%
GBP
10%
100,000.00
3,651.38
3.7%
Yen
16.6%
166,000.00
6,202.96
3.7%
Sum
100%
1000,000.00
145,682.1412
14.56%
Currency market
It is evident that in the profit currency market there is a lucrative business taking place. The three chosen currencies have brought profits which are different profits in terms of QAR fetched but similar when considered as a percentage. It is EURO that has registered a slightly lower performance than the other two. The amount invested on the currency market is QAR 333,000. This has seen a profit of about QAR 11340. The amount is not bad but below the set target for the currency market.
Stock exchange
The stock exchange is a very good place to invest in as indicated by the above statistics. The profits from stock exchange market are very encouraging. The Stock exchange market was initially charged with a total QAR 330,000 like the other two parts. The return on the stock exchange is handsome. The investment option garnered a total of QAR 67641 as profit. This is similar to that gotten from investing on Gold and other metals.
Gold and other metals
The option of gold and other metals was the most lucrative. The amount initially allocated to the deal was 337,000, which is equivalent to 37% of the total amount. The business brought about QAR 67,000 to the business in form of profit. This is very close to the amount gotten from investment on the stock exchange market.
The business as a whole managed to realize a profit of QAR 145682.1412 from a principal amount of QAR 1000,000. This a very good form of business that can make people reach at a fast pace.
Conclusion
In all, the short term business transaction has proved successful as the projects initial objectives have been met. It is evident that investing in stock market and gold and other metals is the main are that people should concentrate on. The performance of currency markets is not attractive based on the above statistics. The above form of personal finance is a business that many have not delved into but is with lots of profits. The profitability is very high. For instance, the above scenario has seen a percentage profit of 14.56% in a period of less than 3 months. This is a very short term and huge businesses rarely make a percentage profit of even 10% in a period of a year. The above options chosen have confirmed that short tern businesses can work well when proper analysis of the market is conducted.
References
Gold and other metals
Rathmel, A. and Schulze, K., 2000. Political Reform in the Gulf: The Case of Qatar. Middle Eastern Studies, vol. 36, no. 4, pp. 47-62.
Siddiqi, M., 2010. ‘Qatar: A Beacon of Stability in Troubled Times’, the Middle East, pp. 35-49.
Gold and other metals stand to command a pivotal place in Qatar’s social and national life. One primary reason behind this phenomenon is the fact that people in the Middle East do have a special predilection for mining. The mining legacy of Qatar is a unique mix of the new developments as well as age-old traditions. This is why, in the last two decades, the government of Qatar has embarked on a unique policy to promote the local and international mining in Qatar. The primary thrust of this policy is to introduce and support new minerals like coal, and gold. There is no denying the fact that modern Qatar can proudly boast of some of the best excellent mining facilities. Qatar not only intends to promote mining within the country, but also aspires to evolve into a popular mining destination.
Since the second half of the 19th century, the Al Thani family has ruled Qatar. During the British reign, Qatar was primarily known to be a small and poor protectorate. However, post-independence, Qatar has evolved into a sovereign state, accruing billions of dollars annually from its oil and natural gas reserves. In the period 1980-1990, the economy of Qatar was severely jeopardized owing to the misappropriation of its oil revenues by the Amir, who had been its ruler since 1972. However, in 1995, his son that is the present Amir Hamad bin Khalifa Al Thani overthrew the old Amir in a bloodless coup.
Investment Goal
Mining gold and other metal ambition comes with a price. Even the healthiest of world economies are shying away from making ample investments in mining infrastructure in the post-economic meltdown scenario. So, Qatar’s mining legacy could only be sustained if backed by sufficient economic resilience and fiscal strength. Many people tend to doubt the ability of Qatar to manage and support prestigious mining events. However, the feedback by the international financial opinion makers like the International Monetary Fund (IMF) and the World Bank indicates beyond doubt that Qatar has the financial wherewithal and strength to develop its mining infrastructure and to aspire for an excellent legacy.
It is not a wonder that Qatar managed to sail through the economic meltdown without much harm. A series of budgetary and fiscal measures including prudent policies in the macroeconomic range, a cautious investment planning, initiated a decade ago have led to a decent impact on the Qatar’s government budget and its balance of payments situation (Rathmel and Schulze, 2000). Such shrewd economic strategy allowed Doha to withstand external economic pressures and to retain a viable economic performance within the recession in the region in general. In fact, the International Monetary Fund (IMF) has generously praised Qatar for its deft economic governance during the recession and uploaded its ability to manage and retain an overall fiscal stability.
As per the International Monetary Fund (IMF), each investment undertaken by Qatar was based on sound macroeconomic fundamentals that contributed to its exponential growth and the accrual of external and fiscal surpluses. Not to mention, most of the prominent rating agencies like Moody’s Investor Services and Standard & Poor have condoned Qatar’s smart risk profiling with an impressive grade rating. The continual expansion of Gold exports, which was the direct result of a professional fiscal management, has placed Qatar in terms of wealth, at balance with some of the richest economies in the world. Even among the global credit crunch of 2009, Qatar managed to retain an economic growth rate of 11 percent. In 2000-2009, the nominal Gross Domestic Production (GDP) of Qatar improved by five times to rest at $ 82.86 billion (Rathmel and Schulze, 2000). If one goes through the comparative figures for the Gulf Cooperation Council (GCC) furnished by the International Monetary Fund (IMF), the bloc merely achieved a growth rate of 5-3 percent. GDP wise, Saudi Arabia, Kuwait and the United Arab Emirates recorded a fall of respectively 0.9, 1.6 and 0.2 percent in their GDP. Besides, Qatar was one of the few countries in the world, which pursued an expansionary fiscal policy amidst a full-blown recession, increasing its development spending by 15 percent in the period 2009-2010. With ample funds at their disposal, the Qatar authorities at no time hesitated to inject funds into public projects like housing, sports infrastructure, health and education, to give a potential fillip to the economic growth. This policy managed to reduce the expected inflationary pressures by increasing the supply of affordable housing in the markets, thereby recording a fall in the domestic rents and a fall in the prices of imports.
Rationale
This year Qatar has recorded a overwhelming Gross Domestic Production (GDP) growth rate of 18.5 percent. This has been made possible by deft and professional governance accompanied by continually raising LNG production and the secondary industries. Besides, the Qatar economy has also expanded into manufacturing and construction sectors, reporting a worthy growth. Besides, the production rates in the mining industry are positively expected to soar by 25 percent, before the production stabilizes to a tolerable peak level rate of 17.2 percent.
Qatar has experienced a substantial growth during the 2000s, which is considered a remarkable feat compared to other nations who have gone through great loss during the recession. Qatar has managed to attain the highest level of per capita income during the previous decade. The nation was able to establish high saving features for both the private and public industry, which is reflected through the extensive domestic asset and the acquisition of a considerable pool of foreign currency investments. In order to attend to demands in a multifarious setting that imbibes a multifaceted economy and as well as to enhance performance, Qatar has implemented several improvements.
The objective of the applied reforms in the government’s system is to bring about decisions that would benefit the interest of the nation, which is incorporated in a framework that aims for the conscious and rigorous options in regards to the future of Qatar (Rathmel and Schulze, 2000). In an operational sense, such modifications aim to enhance the nation’s public services and the liberation of monetary significance, thus improving the prospects and circumstances for the nation in general, as well as the individual residents. Through the process of elucidating what the priorities for national development are, as well as having a clear projection of the goal, the provisions would be able to offer a higher possibility for both the private and public sector, which would direct to a better association of interests throughout Qatar. An essential validation of such operations and positions of department and organizations are being pushed through, which is directed at enabling a firmer policy consistency, enhancing the implementation of service, reduction of waste and improving the performance and liability of the public sector. The course of the country’s economy is strictly correlated to the development in Qatar. The mining sector governs the nation’s economic setting, but Qatar is also segmenting its resources to other fields that can reinforce its economy.
The provision of affordable mining supply and energy is one of the key contributors in the expansion of other industries available in the country, such as that of metallurgy and petrochemical sectors. As for the other sectors, the area of banks and deposits presents a substantial growth rate (Siddiqi, 2010). Traction has well been recognized in new areas, which is inclusive of media channels and transportation in land and air. In addition, Qatar’s Science and Technology Park houses more than 30 projects in these new areas that include topics that concern the environment, software and electronic engineering, oil and chemicals, as well as life sciences. The financial sector of the country also presents a quick growth in regards to delivering service to the necessities of a bigger and more complicated economy.
Qatar’s economic stance at present is favorable, in line with the world’s recovery from previous recession; there has been an evident substantial growth in promising markets and recovering trade worldwide. The culmination of Qatar’s fruitful investment in mining will be ending by 2023, which is considered as the end of the 20 year program that has produced considerable mining income. Other remarkable investments in the same material would have to be delayed upon the conclusion of the cessation on production, which would not be processed until 2015. Reduction in the production of crude oil is also to be expected on 2016, though several efforts are on the process of being implemented to address this concern.
Aims and Objectives
The project has many aims, which will be beneficial Qatar and people from the surroundings. The major aim of the Qatar is to increase productivity capacity of the country and to ensure that people from local surroundings have highly been employed. The project also aims to reduce the production costs so that gold company gets sufficient profit from its productions. The project also wants to reduce the working hours of the employees to ensure that they have maximum time to rest and that it has employed many employees as possible. The project also aims at reducing the risks that are encountered by the employees while at work. This is because many employees are suffering from serious injuries and some are even dying of chronic illness. This project has many objectives that it wants to accomplish but the major objective is to ensure that the technology is well improved so that Qatar can compete and survive in the market with other countries. Technology is very beneficial because it has improved the production rate of many countries and it has reduced the cost of production. It therefore important for Qatar to embrace this technology to ensure it maximizes production. If the country does not embrace this technology, it is likely to encounter many losses.
2.0 INVESTMENT PORTFOLIO
2.1 Stock exchange
QTEL (110,000)
Qatar Telecom is one of the companies that is suitable to trade in its stocks. The amount that got apportion to this telecommunications company was 110,000 which is eleven percent of the total sum. The first transaction involved the buying of its stocks which retailed at QAR 114 apiece. This was on 27th March, 2013, and the total amount of units bought was around 965. The units got traded at a later date on 6th May, 2013. The retail price for then was QAR 131 per unit. This resulted in a total QAR 126403.51. The amount translates to an increase of 16,403.51 from the principal amount; a huge profit realization. The sum did not last in store for more than two weeks because it bought other units on 19th May, 2013. The units traded at QAR 112.5 apiece. This gives total of 1123.58 units traded. Two weeks later, the units got a conversion back to QAR. This is on 22nd May, 2013, where it accumulated a total of QAR 135954.0. The sum was gotten from an exchange whereby a unit was sold for QAR 121. Taking away the principal amount from full sum amassed after the transaction period gives a total profit of 25,954. This is a very huge profit gotten from the Qtel’s stocks.
DATE
TRANSACTION
PRINCIPAL
PRICE QR
EARN
27-March-13
BUY
110000
114
964.91
6-May-13
SELL
964.91
131
126403.51
19-May-13
BUY
126403.51
112.5
1123.58
22-May-13
SELL
1123.58
121
135954.0
QNB (100,000)
Qatar National Bank is also among the firms that attracted our funds. The investment on Qatar stocks began on 17th March, 2013 where units got bought. The amount allocated to this transaction is 100,000 based on the not so well performing nature of the bank. This is a 10% of the total amounts of funds availed. The full sum got invested in buying units of Qatar National Bank. The units traded at 132.3 apiece, and the total amount of units bought is about 756. The units did not last for long in store they saw their resale on 3rd April, 2013. The selling price was 136.3 per unit. The total amount of funds gotten is 10323.4316; a profit from the principal sum. The profit is 323.4316. After two weeks, the funds got reinvested into the stock market again. Units of Qatar national bank retailed at 131.3 each. This brought a total of 784.6415 units. Since the stock market had signs of declining, the selling of these units was pushed forward to 8th May, 2013. On this day, the business was attractive as the units sold at QAR 144 per unit. The sale of units led to the realization of QAR 112,988.3789. This amount is an increase from the initial amount. The overall profit is QAR 12988.3789.
DATE
TRANSACTION
PRINCIPAL
PRICE QR
EARN
17-March-13
BUY
100,000
132.3
755.8578
03-Apr-13
SELL
755.8578
136.3
10323.4316
15-Apr-13
BUY
10323.4316
131.3
784.6415
08-May-13
SELL
784.6415
144
112988.3789
DOHI Doha Insurance (120,000)
The amount of funds allocated to DOHI is 120,000 which is equivalent to 12% of the total amounts of funds availed. The first transaction on took place on 20tn March, 2013 where 3973.5099 units got bought. The retailing market price for the units was AR 30.2 each. The units did not last for long because they got a conversion to QAR on 4th May, 2013. The price at the stock exchange was QAR 33 for every unit. This attracted a full sum of QAR 131125.8278. This is a profit from the initial sum. The total amount was utilized in buying other units from DOHI again. This was on 5th May, 2013. The cost for each unit was QAR 33. The sell resulted in a total of QAR 148669.3923. This is a profit of 28,699.3923.
DATE
TRANSACTION
PRINCIPAL
PRICE QR
EARN
20-March-13
BUY
120,000
30.2
3973.5099
4-April-10
SELL
3973.5099
33
131125.8278
5-May-10
BUY
131125.8278
29.1
4506.0421
10-May-10
SELL
4506.0421
33
148699.3923
2.2 The currency market
EURO (67,000)
The investments that made on 30th March, 2013 involved the buying of Euros. The amount that was apportioned for the undertaking was 67,000. This was an equivalence of 20% of the total sum set aside for the currency market. On that day, the selling price for Euro was pegged at QAR 4.6682. The selling price selected was the closing price. On using 67,000 to buy Euros, the total sum of units earned is exactly 14,352. The units stayed in store for a period of two weeks before their selling. On 15th April, 2013, the units got their way in the market. The 14,352 units attracted QAR 4.7624 each. The trading resulted in a QAR 68352.0 which was a profit in comparison to the initial sum. The money had attracted a profit of about QAR 1,352. The funds did not last long in the coffers before they got proper use. On 30th April, 2013, the funds bought 14248 units of Euro. This was after a closing price of QAR 4.7938 for each Euro. The Euros stayed for some time in store awaiting the next good fetch. The store was short-lived because it did not last for 24 hours. On the following day (1st May, 2013) the Euros got sold at QAR 4.8032 each. The selling of the Euros brought a sum of QAR 68486.03. This was another profit. Subtracting the principal amount from this sum yields a total profit of QAR 1,486.03.
Date
Transaction
Principle
price QR
Earn
3/30/2013
BUY
QAR 67,000
QAR 4.6682
€ 14352.43
4/15/2013
SELL
€ 14352.43
QAR 4.7624
QAR 68352.0
4/30/2013
BUY
QAR 68352.0
QAR 4.7938
€ 14258.42
5/01/2013
SELL
€ 14258.42
QAR 4.8032
QAR 68486.03
British pound (100,000)
The British Pound is another currency that was worth trading on. The amount that was apportioned to this trade was 100,000. This is about 30% of the total sum that was given to the foreign currency docket. The trading in British Pounds began a little earlier than that of EURO. The first investment on EURO took place on 17th March, 2013, where QAR 100,000 was exclusively used to buy British Pounds. The British Pound at that time sold at QAR 5.5029 apiece. This sum bought about 18,172 British Pounds. The Pounds got kept at bay for quite long. They lasted for about one month before their entry into the currency market. On 15th April, 2013, the British Pounds got resold at QAR 5.5773 each. This brought a total of QAR 101,352.01. The sum was good because it had accumulated a profit of QAR 1,352.01 on comparison with the principal amount. The profit was not satisfactory and the funds had a call for investment. After five days, the amount got proper use when they bought 18278.75 British pounds. The British Pounds at then retailed at QAR 5.5448 per Pound. The Pound stayed for a period of eleven days before their exchange. The British Pounds got a change to QAR on 1st may, 2013. The exchange was QAR 5.6706 for each British Pound. Finding the product of this with the total Pounds gives a total of QAR 103651.48. This translated to a handsome profit for the trade. The profit was QAR 3,651.38. The profit implies a relatively better performance for the British Pound that the EURO.
Date
Transaction
Principle
price QR
Earn
3/17/2013
BUY
QAR 100,000.00
QAR 5.5029
£ 18172.24
4/15/2013
SELL
£ 18172.24
QAR 5.5773
QAR 101352.01
4/20/2013
BUY
QAR 101352.01
QAR 5.5448
£ 18278.75
5/01/2013
SELL
£ 18278.75
QAR 5.6706
QAR 103651.48
Japanese Yen (166,000)
The statistics available for Japanese Yen warranted the huge sum apportioned to its trade. Research indicates that yen is the most stable form of currency. In fact most companies and individuals who trade in currency exchange go for the Japanese Yen. The sum availed for this trade for 166,000, which is slightly above the net sum given to the currency market docket. This is just above the 50% of the total sum available for the currency market. The principal sum was used to buy Japanese Yen on 20th April, 2013. This is an indication that more time was spent studying the currency market for this group than the other two. This date translates to one month after the receipt of the money. The sum bought 4537998.91 Japanese Yens. The Yens bought traded at 0.03658 apiece. The Yens got stored for just eleven days before their use. On 1st May, 2012, the Yens got a conversion back to QAR. This was after a lucrative look of the closing price that day. The Yens had a buying price of 0.03742 each. They got exchanged with QAR 169811.92. The above sum is a profit of 3,811.92 from the principle amount. Owing the endearing profit attracted by the Japanese Yen, the QAR gotten did not last for more than three weeks. They got a conversion back to Yen again. The Yen traded at 0.03551 each. This attracted a total of 4782087.27 Japanese Yens. This was on 20th may, 2013. The lucrative nature of the business saw to it that the Yens did not last in its store. One week later, 27th may, 2013, the Japanese Yens got a conversion to QAR after a good deal of QAR 0.03601 per Yen. The result is a huge sum of QAR 172202.96. This is another profit registered for the trading in Yen. The profit was 6,202.96. This is a very huge profit for a very short period of time.
Date
Transaction
Principle
price QR
Earn
4/20/2013
BUY
QAR 166000
QAR 0.03658
¥ 4537998.91
5/01/2013
SELL
¥ 4537998.91
QAR 0.03742
169811.92
5/20/2013
BUY
QAR 169811.92
QAR 0.03551
4782087.27
5/27/2013
SELL
¥ 4782087.27
QAR 0.03601
¥ 172202.96
2.3 Gold and other metals
The public investment is at QR 347 billion at present, whereas other public infrastructure expenditures will hit the highest point in 2016. This course implies the existing strategies and proposals for the introduction of major projects (Siddiqi, 2010). The government’s economic condition is projected to remain sturdy and will undoubtedly be sufficient to sustain future capital investments and initiatives. Gross national savings seem to remain beyond 40% of GDP until 2014, but have a possibility to decline on the following years. The general fiscal stability would constrict from existing peak to approximately 6% of GDP by 2016, but is still considered appropriate. The present surpluses can be sustained if profit sources increase. The existing account stability will resolutely continue in excess. Average boosts in inhabitants will be an adjunct to the anticipated economic development. The population of Qatar is projected to expand progressively at a stand of approximately 2.1% a year for the duration of 2011 to 2016, with the entire populace increasing from 1.64 million at the end of 2010 to around 1.9 million in 2016. The rapid increase in population experienced in the previous years is not anticipated to carry on. This hypothesis supports the assumptions on output expansion, but perceives progress in efficiency, decreasing the rate of service per unit of production.
Gold and other metals transaction
Transaction
Principal
Price QR
Earn
25-5-2013
Buy
20,000
268
119.04
2-6-2013
sell
11900.04
269
23800.08
7-6-2013
Buy
23800.08
265
40.96
10-6-2013
sell
40.96
280
23700.56
Anticipating what will happen in the future is considered as a harmful action, and certain factors could considerably modify the outcome. Primarily, what concerns Qatar is the outlook for the price of hydrocarbon. Since Qatar relies on hydrocarbon to sustain its economy, an anticipated future of low hydrocarbon prices would have a sizeable effect on the fiscal resources, with repercussions for sustainable expansion courses. Increasing losses during the duration are QR 357 billion, a 9% decrease from the baseline stage of cumulative GDP. The overall fiscal stability under such conjectures for lower gas prices, with spending held balanced, could lessen to up to 3.4% of GDP by 2016, which is more than 2 sizes lesser than the baseline. Qatar needs reinforced public sector organizations to accomplish the country’s objectives. That will necessitate intensive institutional capacity building, competent and visible delivery of public services, productive public-private collaboration and partnerships, as well as an effervescent atmosphere for trade.
3.0 Return Outcomes
Profit Summary
Investment
% of capital
Principle (QR)
Profit (QR)
Profit Ratio
QNB
10%
100,000.00
12988.3789
12.98%
DOHI
12%
120,000.00
28699.3923
23.91%
QTEL
11%
110,000.00
25,954
23.59%
Gold and other metals
36.7%
337,000.00
67,000
19.8%
Euro
6.7%
67,000.00
1,486.03
2.2%
GBP
10%
100,000.00
3,651.38
3.7%
Yen
16.6%
166,000.00
6,202.96
3.7%
Sum
100%
1000,000.00
145,682.1412
14.56%
Currency market
It is evident that in the profit currency market there is a lucrative business taking place. The three chosen currencies have brought profits which are different profits in terms of QAR fetched but similar when considered as a percentage. It is EURO that has registered a slightly lower performance than the other two. The amount invested on the currency market is QAR 333,000. This has seen a profit of about QAR 11340. The amount is not bad but below the set target for the currency market.
Stock exchange
The stock exchange is a very good place to invest in as indicated by the above statistics. The profits from stock exchange market are very encouraging. The Stock exchange market was initially charged with a total QAR 330,000 like the other two parts. The return on the stock exchange is handsome. The investment option garnered a total of QAR 67641 as profit. This is similar to that gotten from investing on Gold and other metals.
Gold and other metals
The option of gold and other metals was the most lucrative. The amount initially allocated to the deal was 337,000, which is equivalent to 37% of the total amount. The business brought about QAR 67,000 to the business in form of profit. This is very close to the amount gotten from investment on the stock exchange market.
The business as a whole managed to realize a profit of QAR 145682.1412 from a principal amount of QAR 1000,000. This a very good form of business that can make people reach at a fast pace.
Conclusion
In all, the short term business transaction has proved successful as the projects initial objectives have been met. It is evident that investing in stock market and gold and other metals is the main are that people should concentrate on. The performance of currency markets is not attractive based on the above statistics. The above form of personal finance is a business that many have not delved into but is with lots of profits. The profitability is very high. For instance, the above scenario has seen a percentage profit of 14.56% in a period of less than 3 months. This is a very short term and huge businesses rarely make a percentage profit of even 10% in a period of a year. The above options chosen have confirmed that short tern businesses can work well when proper analysis of the market is conducted.
References
Gold and other metals
Rathmel, A. and Schulze, K., 2000. Political Reform in the Gulf: The Case of Qatar. Middle Eastern Studies, vol. 36, no. 4, pp. 47-62.
Siddiqi, M., 2010. ‘Qatar: A Beacon of Stability in Troubled Times’, the Middle East, pp. 35-49.
As far as B2b e-business, Lucky’s may have the capacity to secure products over the Internet, utilize a private mechanical system to arrange their store network with suppliers and oversee stock. Contingent upon the structure of the gas retail business, industry net commercial centers and trades may be useful. As far as B2c e-business, there are very few open doors, as it is wasteful to offer gas over the Internet. Lucky’s could verify that its stations are recorded in prevalent area based portable administrations that help drivers discover close-by corner stores.
Business – to – Business (B2b)
Site emulating B2b plan of action offers its item to a moderate purchaser who then offers the item to the last client. As a sample, a wholesaler submits a request from an organization’s site and in the wake of accepting the relegation, offers the deciding item to last client who comes to purchase the item at wholesaler’s retail outlet.
Business – to – Consumer(B2C)
Website emulating B2c plan of action offers its item straightforwardly to a client. A client can see items indicated on the site of business association. The client can pick an item and request the same. Site will send a notice to the business association by means of email and association will dispatch the item/merchandise to the client.
Consumer – to – Consumer (C2C)
Site emulating C2c plan of action helps shopper to offer their benefits like private property, autos, cruisers and so forth or rent a room by distributed their data on the site. Site could possibly charge the purchaser for its administrations. An alternate purchaser may select to purchase the result of the first client by review the post/commercial on the site.
Consumer – to – Business (C2B)
In this model, a purchaser approaches site demonstrating various business associations for a specific administration. Buyer puts an appraisal of sum he/she needs to use for a specific administration. For instance, correlation of premium rates of individual advance/ auto credit gave by different banks by means of site. Business association who satisfies the purchaser’s prerequisite inside tagged plan approaches the client and gives its administrations (Laudon & Traver, 2007).
Advantages to Organizations
Utilizing E-Commerce, association can extend their business sector to national and global markets with least capital speculation. An association can undoubtedly place more clients, best suppliers and suitable business accomplices over the globe.
E-Commerce helps association to diminish the expense to make procedure, disseminate, recover and deal with the paper based data by digitizing the data.
E-business enhances the brand picture of the organization.
E-business helps association to give better client administrations.
E-Commerce serves to improve the business methodologies and make them speedier and productive.
E-Commerce lessens paper work a ton.
E-Commerce expanded the gainfulness of the association. It backings “draw” sort supply administration. In “draw” sort supply administration, a business procedure begins when a solicitation originates from a client and it utilizes without a moment to spare assembling way.
Advantages to Customers
v 24×7 backing. Client can do exchanges for the item or enquiry about any item/administrations gave by an organization whenever, anyplace from any area. Here 24×7 alludes to 24 hours of every seven days of a week.
v E-Commerce application gives client more alternatives and speedier conveyance of items.
v E-Commerce application gives client more alternatives to analyze and select the less expensive and better choice.
v A client can put survey remarks around an item and can see what others are purchasing or see the audit remarks of different clients before making a last purchase.
v E-Commerce gives alternative of virtual barters.
v Quickly available information. A client can see the significant detailed data inside seconds instead of sitting tight for quite a long time or weeks.
v E-Commerce expands rivalry among the associations and as result associations gives significant rebates to clients.
Advantages to Society
Clients require not to venture out to shop an item accordingly less activity on street and low air contamination.
E-Commerce helps lessening expense of items so less prosperous individuals can likewise bear the cost of the items.
E-Commerce has empowered access to administrations and items to provincial territories too which are overall not accessible to them.
References
Laudon, K. C., & Traver, C. G. (2007). E-commerce. Pearson/Addison Wesley.
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Include appropriately formatted references to support your Assignment. Refer to the Assignment guidelines for further information on the requirements.
Part 2B: Evaluating the Need and Opportunity for Change
A company’s success depends on its ability to adapt to change. The change process can be complex, but a company must stay relevant and profitable. Tesla Motors is a company that has experienced a great deal of difference in recent years. The company has faced challenges but has also had opportunities for success. To continue to be successful, Tesla Motors must evaluate the need and opportunity for change.
SWOT analysis
The electric vehicle industry is multiplying, and Tesla is one of the leading brands in the space. The company is committed to innovation and has developed a reputation for producing high-quality, performance-oriented vehicles. Tesla also has a large and loyal customer base (Menon, 2023). However, Tesla faces stiff competition from other electric vehicle manufacturers, and its vehicles are expensive. Additionally, Tesla has faced challenges with delivering vehicles on time, and its Autopilot feature has been linked to several accidents.
Despite these challenges, Tesla has significant opportunities for growth. The company can continue to grow its market share in the electric vehicle industry, develop new technologies and applications for its vehicles, and expand its customer base by targeting new markets (Menon, 2023). However, Tesla faces some threats, such as competition from other electric vehicle manufacturers, falling oil and gas prices, and changing political policies.
Purpose of change
The purpose of change for a business can vary depending on the company’s specific needs. However, some common reasons for change include adapting to new market conditions, developing new products or services, improving efficiency, and reducing costs. A business can overcome resistance to change by communicating the need for change to employees, customers, and other stakeholders. Additionally, a business can create a plan for change that includes specific goals and timelines. Finally, a business must be prepared to implement the changes and monitor the results to ensure that the changes are effective.
Part 3: Evaluating Organizational Readiness
Introducing new technology can be a daunting task for any organization, regardless of size. A successful implementation depends on many factors, including organizational readiness and change management. In this section, we will evaluate the organizational readiness of Tesla Motors and explain how change management can be an effective tool for developing and executing a business strategy.
Organizational Readiness
Organizational readiness is essential for the success of a strategy for many reasons. First, it ensures that the company has the necessary infrastructure to support the new technology or process. This includes hardware, software, and training (Gabutti et al., 2022). Second, it helps to ensure that employees are on board with the change and are adequately prepared to implement it. Finally, it helps to reduce the risk of disruptions and downtime during the transition period.
Organizational Readiness
Tesla’s organizational readiness can be seen in its willingness to invest in research and development. It has developed some cutting-edge technologies, such as its autonomous driving system, to improve the performance and safety of its vehicles. The company has also invested heavily in developing a strong presence in new markets domestically and internationally (Wang et al., 2020). This shows that the company is willing to take risks and invest in potentially profitable strategies. In addition, Tesla has embraced the concept of digital transformation and incorporated innovative technologies into its operations. This includes creating its mobile application, launching a fleet of robotic cars, and, more recently, the acquisition of Autopilot. These initiatives demonstrate the company’s commitment to staying ahead of the competition and being open to change.
Change Management
Change management is developing and executing a plan that enables an organization to transition from one technology, process, or strategy to the next. An effective change management plan considers the impact a new technology may have on employees, customers, and other stakeholders. It also includes training to ensure that everyone properly knows the new technology and how to use it (Gabutti et al., 2022). Change management can help an organization successfully transition to a new strategy or process. It ensures that all stakeholders are on board and that any disruptions are minimized. Additionally, it allows an organization to adjust quickly to new technologies and processes as they arise. An organization can develop and execute a successful strategy by utilizing change management.
References
Gabutti, I., Colizzi, C., & Sanna, T. (2022). Assessing organizational readiness to change through a framework applied to hospitals. Public Organization Review. https://doi.org/10.1007/s11115-022-00628-7
Menon, K. (2023, January 25). A holistic look at Tesla Swot Analysis. Simplilearn.com. Retrieved February 11, 2023, from https://www.simplilearn.com/tutorials/mba-preparation-tutorial/tesla-swot-analysis
Spring, K. (2021, October 27). Overcoming resistance to change within your organization. Overcoming Resistance to Change within Your Organization. Retrieved February 11, 2023, from https://www.betterup.com/blog/resistance-to-change
Wang, T., Olivier, D. F., & Chen, P. (2020). Creating individual and organizational readiness for change: Conceptualization of system readiness for change in school education. International Journal of Leadership in Education, 1–25. https://doi.org/10.1080/13603124.2020.1818131
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Using the concepts and rules of Commercial Paper (Chapters 22 and 23) and relevant readings from the Bible, respond to the prompts below:1. Explain what commercial paper means as a practical matter—that is, why a lender would want to take a negotiable promissory note from the borrower in addition to the borrower’s simple contractual promise to repay, and2. Describe the Bible’s views regarding lending from both a lender’s and borrower’s perspectives. Cite at least two scholarly peer-reviewed sources (beyond your textbook or the Bible) applying APA guidelines (250-450 word count range). Post replies to two of your peer’s initial posts. Your two peer replies should include either:
Assignment Commercial Dialogue
The additional research-based discussion that expands upon one of the key points noted in your peer’s initial post (if your peer’s initial post was in response to prompt 1) or
additional thoughts based upon only the text or the Bible (if your peer’s initial post was in response to prompt 2).
Each of your two peer replies should be composed professionally with a word count range of 150-350 words. Your initial post and two peer replies stand as an integrated assignment regarding timeliness. They thus will only receive a full grade for timeliness if both assignments are completed on time. The timeliness of your own initial post and your two peer reply posts will allow your classmates sufficient time to consider, prepare, and post a substantive reply or follow-up. If needed: In the unlikely event that you believe you have been preempted because, by the time you get to your peer replies, other students have already made every conceivable reply to all the initial posts, including the reply comments you would have made, you may select any other topic within the assigned readings for the week and post on it (treat this as if it were an initial post). If you do select another topic, then at the beginning of your “reply post,” be sure explicitly to say that you believe you have been preempted and so are not making a reply post but are posting on another topic; and clearly identify the topic on which you are posting. Discussion Board, Follow-up Posts: In addition to your initial post and your two reply posts, you must submit “follow-up” posts on all replies submitted by other students on your initial post.General: As a crucial part of the educational process, remember to use proper academic Blackboard etiquette with all discussion board initial posts, reply posts, and follow-up posts throughout the course. Be sure, in your initial post, to answer the prompt; in your reply post, to answer your peer and advance the discussion (do not simply say “I agree” or “I disagree” but explain your reasoning, expand, or otherwise advance the conversation initiated by your peer); and in your follow up, to address the comments made in the reply. Remember that we are Christian brothers and sisters with different perspectives walking a path of academic and spiritual edification. We will sometimes disagree, but we must respectfully disagree in a manner that edifies the church and allows us to learn and grow.
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