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Category: Business and Industry

Date Submitted: 08/27/2012 06:31 AM

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SHAREMARKET

The most popular share portfolio in Australia is Tyndall Australia share portfolio that encourages investors to invest 2,000 million dollars and above. This fund is extremely reliable and uses unique values through ensuring that the traded shares rank among the top in the Australian Securities Exchange (ASX) market. Most companies in Australia falling under different sectors seek to increase their share values through encouraging many investors into their organization although; some end up selling at terrifically low prices, closing as low as $100. All businesses from different sectors, be it financial sector, resource sector, consumer sector, and health care sector manage to achieve specified organizational goals. These companies have what they regard as their core business activities thus; all other activities and functions in the organization appear in line with organizational goal. Production and operations are key functions in services business, which aim at attaining the business goal in a cost-effective way while giving regard to time limits and quality of service. The manager today has to make crucial decisions regarding business opportunities every single day since the stock market keeps on shifting from one sector to another (2003).

The selected companies are Commonwealth Bank that falls under the financial sector and Newcrest Mining Limited that falls under the resource sector. Newcrest Mining Limited is a gold mining company and has most shares in the mineral sector in Australia. In June 2011, the company recorded a market cap of 28,864 million US dollars falling in the third place after BHP Billiton and Rio Tinto who took the first and second position consecutively. The commonwealth Bank ranked among the top 100 best financial institutions in June 2011. The financial sector forms the biggest industry in Australia creating a very stiff competition among many financial institutions in Australia. At the closing of business on March 2nd...