Qualification > Commerce
Business Paper (2)
saiki:
closed shop means that ALL workers need to be a part of ONE trade union, doesnt matter which, since the business onli wants to bargain with one.
Aodian:
can anyone explain to me what a debenture is... its a loan issued by a company rite?? but how exactly do they get money from that??
~Mimi~:
Salaam! Okk... A debenture is a long-term loan certificate issued by limited companies that can raise large sums of money for upto 25 years. It must be repaid along with interest. It's like an I-owe-you certificate. The business who needs the money gives this certificate which has the date of repayment on it to the other business,organisation,etc. In return, the lending organisation gives you money!! Its like my guarantee to them that I'll give the money back at sum point in the future. ( By the way, dont explain it this way in the exam. Use "sophisticated" business terms.... )
Metallicnak:
Does anybody believe that The Marketing Plan might is coming ???
Aodian:
--- Quote from: ~~Muslimah93~~ on June 02, 2009, 10:26:46 am ---Salaam! Okk... A debenture is a long-term loan certificate issued by limited companies that can raise large sums of money for upto 25 years. It must be repaid along with interest. It's like an I-owe-you certificate. The business who needs the money gives this certificate which has the date of repayment on it to the other business,organisation,etc. In return, the lending organisation gives you money!! Its like my guarantee to them that I'll give the money back at sum point in the future. ( By the way, dont explain it this way in the exam. Use "sophisticated" business terms.... )
--- End quote ---
ooo okay.. thanx i get it now!
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