The rewards of innovation

Article Abstract:

Carl Cushnie's company, Versailles, is an example of successful business innovation. Versailles arranges trade finance in such a way that large customers owe Versailles for finance arranged for small suppliers. Suppliers send an invoice to Versailles when they deliver orders, and the supplier is paid four fifths of the invoice value less a fee of some 2.5%. Versailles operates in areas of which it has knowledge. The company has grown rapidly, though it is still relatively small compared to others in the business.

All Other Nondepository Credit Intermediation, NONDEPOSITORY INSTITUTIONS, Finance Houses, Commercial finance companies, Finance companies, Versailles

---

The rewards of simplicity

Article Abstract:

A college at Cambridge University, England, has used simple tewchniques to manage its own investments. The college has sought to keep administrative costs to a minimum and refrain from paying for advice. The college switched from bonds to equities with holdings categories in the industrial page of the Financial Times newspapers. The system has worked well and has performed better than the FT-A All-Share index. The aim is to take a long term approach and hold shares which are bought.

Finance, Universities and colleges, Investment analysis, Securities analysis

---

Reaping rewards

Article Abstract:

The impact of customer satisfaction on company's revenues is examined.

Ontario, Customer Relations, Methods, Economic aspects

Similar abstracts:

• Abstracts: The problems of being a businesswoman. The gender divide lives. No gender gap?
• Abstracts: The wave of the future. Future historical? Africa's new wave of hope
• Abstracts: The first time around. The $5-million man
• Abstracts: China weapons spree means Taiwan invasion possible, not certain. Determinants of Sovereign Eurobonds Yield Spread
• Abstracts: Richards: franchising the future. From the Ukraine with love

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.