Applicable VLOs or EESs

Analyze best practices of accounting, finance, marketing and economics into relevant aspects of Human Resources (HR) management in order to deliver effective and efficient HR programs, practices and services. VLO 2. Use computer-based information systems to efficiently deliver HR programs and services. This Week's Detailed Case Study Information Commercial Bank of International Trade and Investments Toronto International money started pouring into Canada after the oil discovery. At that time, Canada did not have international banks. It was a complex tax, navigating through local banks and making sure these banks communicated with international banks. Koorush Arzhang came to Canada in the 80s and started his oil exploration business. He experienced a lot of difficulty in transferring money from Canada to other countries. And after experiencing a failed exploration attempt, he decided to switch his focus to the banking sector. In 1981 he established the Commercial Bank of International Trade and Investments Toronto. Commercial Bank of International Trade and Investments Toronto started with one office in downtown Toronto. It did not accept deposits then, but it had a bank account with one of the central banks in Canada and started transferring, money abroad on behalf of its clients. After several years, Koorush obtained a banking license from the Government of Canada and opened a fully-fledged bank in Toronto. The bank focuses on international trade and facilitating international cash management services.

Initially, the Commercial Bank of International Trade and Investments Toronto did not face much competition. Book. But then central Canadian banks started opening branches abroad and competing with our bank. They started providing the same services to clients at a lower price because they have access to economies of scale. It was tough to survive in this environment, and the bank focused on its core business, international trade. It partnered with consulting firms around the globe to get leads to international companies willing to open operations in Canada. Obtaining the leads from outside consulting corporations was one step ahead of local banks.

Eva Lantdser will be your mentor and direct supervisor. Eva Lantdser has more than ten years of experience in the human resource management industry and graduated from the University of Waterloo with a bachelor's of human resources. Currently works as the head of recruiting at the Company

Finance was your favorite subject at Lambton College. After joining the labor force, you realized the value of your education from Lambton College, and now comes the time to apply this knowledge. You will utilize your capital investments, credit planning, and finance knowledge to recommend the best Human Resources (HR) management system to deliver effective and efficient HR programs, practices, and services.

Eva Lantdser handed you the below client's case:

TYU Company is a newly established retailer in the local market. The Company has no credit facilities and is considering financing its operating cycle. The company plans to finance an expansion project with the freed-up cash flow. Currently, the Company purchases supplies on credit from a major wholesaler. The Company repays the credit after 25 days from the order placement date (days payable outstanding). It takes around 17 days for the goods to reach the Company; on average, the inventory outstanding is 43 days before its sale (days inventory outstanding). All of the Company's sales are on credit. Account receivables outstanding 24 days (days receivables outstanding). The Company is willing to finance its operations.