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Ebook Audit of NSF’s Travel Card Program
Submitted by wulan on Mon, 11/16/2009 - 07:01The Travel and Transportation Reform Act of 19981 (the Act) requires Federal employees to use travel charge cards for all payments of expenses related to official Government travel, including hotels, transportation costs, and meals. By consolidating travel expenditures with a single credit card vendor and by streamlining the process for advancing travel funds to federal employees, agencies reduce administrative costs associated with processing federal travel.
The General Services Administration (GSA) issues the Federal Travel Regulation (FTR) that implements the requirements of the Act, and administers government travel cards through its SmartPay program. Each agency selects one of the five banks contracted by GSA as their travel card provider and negotiates its own task order under the SmartPay master contract. The task order identifies the specific charge card services the selected bank will provide the agency, and documents the agreed upon fees, including additional negotiated rebate percentages.
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PDF Ebook The Porter Five-forces Industry Analysis Framework For Religious Nonprofits: A conceptual analysis
Submitted by antoq on Wed, 02/03/2010 - 06:15Acceptance of the Porter (1980) five-forces analytic framework is prevalent in the world of for-profit organizations. The framework?s value is rooted in the forces of industry competition bathed in the traditional dynamics of economics. It is the structural frame of competitive forces that collectively determines the profitability and hence the attractiveness of an industry. In terms of this framework the key to strategy is defending against the five forces. Porter says, "An effective competitive strategy takes offensive or defensive action in order to create a defendable position against the five competitive forces."
With reservation on the applicability of private sector concepts to nonprofit organizations, Goold (1997) has evaluated its relevance and potential usefulness of the framework in the nonprofit arena. He concludes that the “meaning and relevance of the concept is therefore dubious. . . the industry attractiveness concept seems not to transfer well into the not-for-profit environment.” In possible support to Goold?s view is that of Stone, Bigelow and Crittenden (1999) who argue that nonprofit goals and outcomes have a “noneconomic and nonmarket quality.” From their review of the empirical research in nonprofit strategy between 1979 and 1999 they conclude that “some assumptions underlying formal planning do not match characteristics of many nonprofits and their environments.” In apparent implicit opposition to Goold?s view is that of Miller (2002). Miller blends sociology of religion witheconomic theories of competition when studying church organizations. He views rivalry among religious organizations as sometimes intense. Using the resource-based view of the organization, religious organizations are seen as competing for scarce resources. One of the weaknesses of the research in sociology and economics of religion has been that this research does not “acknowledge the industry analytical frameworks and theories of competitive interaction from strategic management and industrial organization economics.”
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Ebook Interest Rate Liberalisation in China and the Implications for Non-State Banking
Submitted by wulan on Sat, 01/16/2010 - 08:12China has taken a cautious approach to financial market liberalisation, adopting to delay major reforms until after the liberalisation of goods and other factor markets was complete. While the reform program may be following the generally preferred sequence, evidence suggests that the financial sector is lagging well behind other parts of the economy. A modern, well-functioning financial system is an essential part of a market economy, and China has come to the stage where further financial market reform is critical to its ability to achieve greater structural change in the economy.
Banking rather than capital market reform is most pressing at this stage, as capital markets are relatively small. One of the main issues on the agenda is the need to liberalise interest rates to remove the price distortions that exist in the banking sector. China’s central bank, the People’s Bank of China, has recognised the importance of this task, but been cautious about the pace of reform.
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