Efficiency Hypothesis of the Stock Exchange Project Presented by MR CAMARA MOHAMED BINTOU

7/29/2019 Efficiency Hypothesis of the Stock Exchange Project Presented by MR CAMARA MOHAMED BINTOU

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Frederick W Smith

Everything in place

Freight only airline 1960

Aviation sales problem Serve a large segment cash

Venture capital start up $72 million

March 12, 1973 6

April 17 186

Mid 1974 OPEC inflation


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Loss $1 million a month

$27 million in 2 yrs

Problem falcon jets

Employee efforts legislation Apr 12,1978

727 from ailing passenger airlines

Biggest fleet

Awards

300000 employees & net income $1.5 billion


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Consumers

Existing products & services

Distribution channels

Government

Research & development


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Focus groups

Structured format

Brain storming

No structure problem statement No criticism

Freewheeling encourage

Quantity

Combination & improvements encouraged Problem inventory analysis

Focus on problems & generate idea


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Brainstorming

Reverse brainstorming

Brainwriting

Gordon method not knowing the exact problem

Checklist method


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Free association

Forced relationships

Collective notebook method

Attribute listing

Big dream approach

Parameter analysis

TechnologyObservation

Need analysisParameter

identificationCreativesynthesis

Realization


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Customers too frequently use an airline to fly to adestination only to find that their luggage is missing


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EDUCATION

EXPERIENCE

WORKEXPERIENCE

PERSONALEXPERIENCE

NETWORKS

ENTREPRENEURIAL

AWARENESS

KNOWLEDGE OF

MARKETS &

CONSUMERS

OPPORTUNITY

RECOGNITION


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Idea stage

Concept stage

Product development stage

Test marketing stage

Commercialization


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Ideas ability & Evaluation

Dimensions

Need analysis

Process Design

Cost estimation

Financial analysis

Impacts Conclusion and recommendation


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Technical

Managerial

Economic & Financial

Cultural Political

Environmental

Legal


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Technical knowledge

Availability of market

Financial strength

Position of competition

Priority of products

Seasonal stability


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Restriction on imports

Supply of raw materials

Availability of subsidy

Location advantage

Licensing & Government policy


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Start-up plan

Feasibility plan

Internal plans Operation plan or annual plan Strategic plan

Expansion plan

New product plan


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Narration

Goals and objective

Products or Services

Ownership

Management & Staffing

Marketing

Financial statements


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Sole proprietor

Partnership

Joint stock company

Cooperative enterprise


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Easy to start & wind up

Low production costs

Decision making

Interaction & Contact

Flexible

Independent & Maintain secrecy


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Disadvantages:

Limited production

Limited skills

Division of labour

Small income

Instability

Competency


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Easy formation

Larger resources

Decisions

Diversified skills

Secrecy


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Interaction & Contact

Scope for large scale production

Risk sharing

Unlimited liability


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Funds

Limited liability

Large enterpriser

Spreading out risks

Effective control


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Internal Retained profit

Controlled working capital

Sale of assets

Savings

Stock reduction

Trade credit

External

Short term sources

Long term sources


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Time Long term Short term Current term

Function Operating budget Financial budget Master budget

Flexibility Fixed Flexible


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Purpose: Implications

Wasted efforts

Elements

Background information

Investment

Operating costs and income per activity

General and maintenance cost

Preliminary estimation


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Nature of product & work Tangible

Intangible

Craft work

Intellect works

Types of Entrepreneur

Explorer

Coordinator

Driver

Administrator


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Analysing or Evaluating proposed design

Detailed analysis of company & operations

SWOT current & proposed practices

Assist decision makers in making strategic decisions

Reasons


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Marketing feasibility

Technical feasibility

Economic feasibility

Financial feasibility


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Potential size of market

Aggregate demand

Share


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Situational analysis

Specification of Objectives

Collect secondary information

Conduct of market survey

Census survey

Market survey


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Characterization of the market

Demand & Consumption

Break down of demand

Price

Methods of distribution & sales promotion

Consumers

Supply & competition

Government policy

Demand forecasting

Market planning

Market situation SWOT

Objective

Strategy


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Selection of process

Appropriate technology

Scale of operations

Raw material

Project scheduling


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Systematic determination of merit, worth andsignificance

Step by step process of collecting recording &organizing information


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Pre process evaluation

Ongoing project evaluation

Project completion evaluation

Post project evaluation


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Non Discount criteria PBP

ARR

Discount criteria

NPV

IRR

PI

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Efficiency Hypothesis of the Stock Exchange Project Presented by MR CAMARA MOHAMED BINTOU