current bid price. These instruments are included in level 1. Instruments included in level 1 comprise primarily listed equity investments classified as trading securities or available-for-sale.
The fair value of financial instruments that are not traded in an active market (for example, over-the-counter derivatives) is determined by using valuation techniques. These valuation techniques maximiz
Current tendency and process
4. Features and important meanings
Economy has a great importance on each nation
Money is one of the main incentives for the nations to behave and interact with other nations
Diverse factors of
East Asia Economic Regionalization
ASEAN is the organization to accelerate the economic growth, social progress and cultural development in the region through
effect the recent financial recession had on each of the groups and how well or not they were placed to deal with it.
2. General background and current trends of hotel industry
Characteristic of hotel industry
The hospitality industry consists of companies within the food services, accommodations, recreation, and entertainment sectors.
The hospitality industry is a several
The meaning of Decentralization
Decentralization means "a relative concept of assuming of the central government and an activity to transfer authority, resources and works from government to sublevel of the organization, ore regional subunits.".
2. The reason why we decentralize
Effectiveness
Democracy - Participation
Equity
3. Presidential Commission for Decentralizat
transfer the credit risk periodically pays for the premium, which is the cost for the risk, until the end of the contract.
Useful to hedge default risks
A more efficient way of risk management
Raise capitals by purchasing the insurance
Can diversify their portfolios
The leverage effect and the chance to participate in market; most of