Question

aim and objective of joint stock company

Answer 1

The main strategic aim and objective for the nearest period is a dynamic development of the Bank and achievement of a qualitatively new level with the standards of the Basel Committee on Banking Supervision. The development strategy of the Bank is based on the components, which together will ensure strengthen of the financial and economic situation of the Bank and the preservation of its credibility with its customers.

Main strategic aims of Joint Stock Commercial Bank «APABANK» (Closed Joint Stock Company) are:

1. Increase of authorized capital, raising size of own capital.

2. Expansion of activity of the Bank by obtaining a License providing right to carry out transactions in foreign currencies and further entry into the deposit insurance system.

3. Constant expansion of customer base with a priority on attracting small and micro-businesses.

4. Formation of a diversified and sustainable resource base.

5. Commencement and active development of cooperation with financial institutions and mortgage systems.

6. The increase in capitalization of the Bank.

7. The introduction of international standards of banking operations. 

8. The introduction and development of modern methods of marketing and PR.

9. Improvement of risk management system.

10. Improving the quality and diversity of the range of services for individuals, small and medium-sized businesses, in raising the volume of transactions and the pursuit of cost reduction of managing business, increasing its level of technology and control.

            Final result should be the creation of modern technologically Bank, which will possess by an optimal required network of service centers, provide high quality services to clients and enjoy significant authority in the market.

Answer 2

Aim and objective of joint stock company?

A joint stock company refers to the company that comes under the ownership of its investors. The company's ownership is distributed through shares in the joint stock company. Investors in a joint stock company can buy and sell their ownership. Publicly and privately trading corporations and a variety of partnership firms are examples of joint low stock company.

The main objective of a joint top company is to raise more and more capital. In the joint stock company, the company raises money by selling ownership shares, which makes it run by operating its business. This happens when the founder and administrators of the company lack capital. In such a situation, the joint stock company issues ownership shares and is formed by selling those shares. The shareholders who get ownership of the shares are found. He gets his stake in ownership of that company.

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In …………… production system goods are produced on a large scale and stocked till they are demanded in the market ?

a) job

b) project

c) mass

d) batch

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Unrealised profit on goods sold and included in stock is

deducted from:

i) Capital Profit

ii) Revenue Profit

iii) Fixed Assets

iv) Minority interest