Internship report (Professional career assignment)

S pecialists of the department should be familiar with the suburbs have the necessary vehicles and mobile communications. Department toll exchanges are addressing customer problems, who want to change city of residence, buy or sell immovable property in another city. T hese services are very costly in time and financial resources and involve trips and interaction with real estate companies in other cities (if not its own branches).

H owever, these transactions generate more revenue and the company, due to the large differences in real estate prices in different cities. In cities where there is economic growth, substantially increased population due to migration from disadvantaged areas. T here is a need for temporary housing.

rental housing market activated. rental department offers homeowners professional assistance in legal registration of the lease agreement and the squeak of customers and tenants search for needed housing. T hese operations bring the least profit. T.

heir service is usually used Realtors interns or temporary workers, usually students. The management of the primary market sells real estate in new buildings as intermediary firms representing the interests of the owners of these objects. T his unit can be created departments that attract customers to share the construction of houses or sale of real property in installments. Directorate for Development of implementing a program of reconstruction and the creation of new housing, using own and borrowed funds. D.

evelopment of additional services to buyers and sellers in the form of repair and reconstruction works in the apartments and houses grew into a full-fledged independent business. T oday, developers are engaged in reconstruction of the structures settled communal apartments and houses for offices and housing, the creation of attic floors to the existing buildings, renovation of apartments on the first floor for shops with separate entrance, construction of halls and hangars, construction of multi-storey buildings. T hese operations require the involvement of a lot of money for a long period, so development projects need to be carefully worked out and an estimate of the different professionals. On general issues of management consists of technical department (3 — 4 pers.), HR (2−3 pers.), security (4−6 pers.), Department of additional services (3 — 4 pers.). The technical department provides employees with everything necessary for successful work (office furniture, computer equipment, communications equipment, vehicles and supplies).

H uman Resources are implementing a personnel policy of the company (recruitment, database maintenance «Personnel», control over career development professionals) and the solution of social problems of employees. S ecurity ensures the safety of the company; ensure the preservation of commercial secrets of the enterprise. F inancial management includes the planning — economic department (3 -4 pers.) And accounting (3−5 pers.). Planning — Economic Department has been compiling the company’s budget, conducts economic analysis of investment proposals and planning of financial flows.

A ccounting deals with accounting reports, keeps records of costs and the cost of works and services, conducting transactions with customers and employees. Marketing management is one of the most important divisions of the enterprise. I t developed the mission of the enterprise, marketing strategy and tactics, corporate identity, advertising campaign.

[ 28] In addition, the management of marketing carries out the work on the creation of new and implementation of existing information technologies necessary for the successful operation and development of the enterprise, deals with the organization of training and retraining. (cm. A pp. № 5)Information — analytical department responsible for monitoring the real estate market and other markets gradopredelyayuschih, predicts the trend of the real estate market, the company is developing a mission.

S pecialists of the department create and fill up a data bank on all issues related to the competence of the department. Advertising Department is developing a corporate identity (a set of graphic, visual, information means by which the firm emphasizes its personality), and its rules of use, carries out advertising company creates proprietary products (billboards, signs, business cards, letterheads and so on. n.). The department consists of designers and specialists of PR. Information Technology Division is engaged in the development of new and implementation of existing information technology specialists workplace enterprise:

• forms a local computer network of the enterprise, organize a system of automated enterprise document;

• create and maintain web — site of the company;

• provide a connection to the global computer network, serving real-estate developers and enterprises of the city and the country. Department of training and presentations concerned with retraining and training of experts, the implementation of measures promoting enterprise activities (exhibitions, presentations, promotions) and activities enhancing the company’s image (exhibition of children’s art competitions and sporting events, charity events). S pecialists of the department study the educational programs offered for training and professional development of the company by various educational institutions, workers, assess their effectiveness and propose to the Board of Directors of the training program and retraining. P rimary instructing newly hired professionals and individual questions of reference and organization of the department of business experts are on their own.5) For values of N> 3 is not known, as the management of huge real estate firms increases many times and only by managers of the highest class. I f necessary, further development of business, it is wiser to create a group of companies united by a single corporate identity and senior management.f. Companyevaluation /FODARisk TypesNo. The type of riskDescription of the riskProbability of the riskConsequences Impact to Results1. Currency riskThe value of financial instrument could fluctuate due to exchange rates Highexchange risk leads to an outflow of foreign exchange reserves of the company and an increase in costs, for example, the average fixed costsMajor2. Interest Rate Risk Interest rate changes could affect the financial well being of an entity Lowinterest rate risk results in a deterioration of the company’s total well-being because the accounts payable and accounts receivable increase does not increaseMinor3. Liquidity/funding Risk An entity may encounter difficulty in realising assets of otherwise raising funds to meet financial commitment Low problems with asset liquidity lead the company to a permanent treatment for credit institutions.

A s the result it could occur to the «credit noose» Minor4. Business/operational Risk Relating to activities within an entity, arising from structure, systems, people, products etc. HighIt may occur as a result of the constant horizontal mobility of the population and the loss of jobs as a result of government policyMajor5. C ountry Risk Stem from making transactions with on holding assets in a particular country. H.

ighcan occur as a result of sharp change in the currency and monetary policy of the stateMajor6. Environmental Risk May occur due to political, economic, socio-cultural and other reasonsHighpolitical instability, military coups, social instability and high social protest activity and other factors of destabilization of the stateMajor7. Financial Risk Relating to the financial operation as a result of failure to manage other risksHighcan arise when trying to guide the company to reduce fixed costs by diverting resources from production and use them to the needs of conversion of fixed assetsMajor8. Strategic Risk Stem from entity’s strategy and pose to greatest threat to the achievement of the strategy LowIt may occur as a result of the wrong development strategy of the company or as a result of incorrectly chosen strategy against competitorsMinorRisk Matrix for Century21 in RussiaInsignificant MinorModerate MajorSevere Very High ProbabilityLowMediumHighExtremeExtremeHigh Probability LowLowMediumMediumLowEqual Probability ExtremeExtremeLowMediumMediumLow ProbabilityMediumMediumMediumLowExtremeVery Low Probability Medium LowExtremeExtremeExtremePossible risk management decisionsCurrency risks need to insure. B usiness risks are best treated by a reorganization of the company structure, the creation or liquidation of subsidiaries, as well as proper logistic policy in the redistribution of stocks in warehouses. P rice risk can also insure through the creation of reserves in reserves. E nvironmental risk should be treated with continuous monitoring of the situation in the country where the company is now working — if there is a threat of a military coup, political or social instability, the company must as soon as possible to withdraw all of its assets to the national accounts, or even temporarily freeze the activities in this country. L.

iquidity risk must be constantly monitored and have a sufficient percentage of the liquidity on the balance sheet of the company not to apply for loans. CFO s risk is better to treat the attraction of new investment in the company. S trategic risk is required to treat only review of enterprise development strategy.

Interest rate risk also can be insured in the structure of the company transactions.