Hello Mr. Krassimir Petrov, I'm a Finance & Banking student in Salahaddin university in Erbil the capital city of Kurdistan region north of Iraq. And l study almost the same subjects that you teach. So I would like to thank you very much for making educational videos on youtube, I'm one of the people who really appreciate what you are offering! May god bless you and reward you. 😊

I am not even taking this course and just learning for the sake of passion and I gotta say this prof is really interesting and the way he teaches is also kind of nice. Like it doesn’t feel slow as he changes his tone and the speed. As well as the examples and the way he has been explaining it makes it engaging

Once mr.kris starts lecturing ...everybody magically made focussed to the subject content...no time for dreaming or falling asleep...every word and tone of the pitch means something specifically and strengthened by movement of body language and facial expression..a lot of physical energy is applied for the lecture...and is worth not wasted.

Cureous Greetings from Tashkent!

Hello dear sir! I am the the student, having bachelor program in banking and finance from the sindh University in pakistan, and i am very glad to have u on utube making my studies very easy in money and banking subject. Love from pakistan sir, thank u so much❤💫

Thank you for the social approach!

Hello Mr petrov, l'm meysam salehvand ,l com from Iran, I have learning financial & language from you. Thanks for teaching

Hello , i am elated to find these lectures as i am graduated from long time from lebanon and i need to refresh my info , first i hoped if i had a prof like you because i would never forget info after this explanation . Thank you for sharing your lectures , please keep sharing with us your lessons you are great prof .

Hello Sir Krassimir, I'm a student of SCM and preparing for a test. I want to say that your way of teaching is very good and is very helpful for me. Thankyou for helping students by uploading your lectures on youtube.

Hello Mr km petrov thanks I learnt many things for you that I interested to learn.

Minda blowing explanition by Mr peltrov .

I'm only at 7:07 so I don't know what definition you ended up providing, but my first stab at it would be that it's a placeholder for value 🤔

Mystery Of Banking - Rothbard LECTURE NOTES Ch. 1 Money Importance & Origins 5:58 - 8:20 Importance of Money, Characteristics, Inflation, Venezuela example, Dysfunctional Money/Economy/Society, Functions of Money 8:21 - 14:50 Forms of Money (Bank Notes, Bank Deposits, Gold), Money Substitutes, Money Creation (Who Creates, Who Benefits) 1.2 Origins Of Money 14:51 - 48:56 Barter, Marketability, Medium Of Exchanges, Durability, Store Of Value, Depreciation, Price, Asset Value.

Thank you for the Video, Sir. I'm very thankful can learn from here.

Hello Dr. Petrov, I'm your fan from Australia. I believe your vid did help a lot of starters like me. I appreciate your help ！

Corporate Culture 1. Why culture is important Charles Handy defined the corporate culture as “the way we do things around here”, and culture is something to which we are all very sensitive. For example, whenever we change job, we go carefully for a little while to see how people do things: the level of formality, dress codes, how they address each other, length of the working day. It is important for organisations to get their corporate culture right as this will affect how the organisation performs. For example, a cost leadership strategy will require close control of expenditure and might be expected to have strict manager-subordinate relationships. A differentiation strategy would require less cost control and different routines (such as ensuring very high customer satisfaction). The organisational assumptions in those types of business would also be different. 2. The cultural web The cultural web describes the various influences that determine corporate culture: ๏ Symbols and titles. Do the members of the board have reserved parking places? Do they have very large offices or do they tend to share an open plan office with other employees? ๏ Power relations. Does your boss always tell you what to do or do you usually discuss what should be done and come to a consensus? ๏ Organisational structure. We will see later that organisations can have what is called a tall narrow shape or a wide flat shape. The tall narrow shape tends to result in organisations which are rather bureaucratic and formal; wide flat tends to produce less formal cultures. ๏ Control systems. How carefully are you controlled? How much are you allowed to use your own initiative? What reporting mechanisms are there? ๏ Rituals and routines. Some telephone-sales orientated organisations have a ritual that people, for example, ring a bell whenever a sale is made. ๏ Myths and stories. For example, how in the past the company beat a powerful competitor. ๏ Organisational assumptions. These can often be difficult to pin down, but a typical assumption is that we are the best, or we never fail or we never miss a deadline. A hospital might have the assumption that it’s purpose is to provide healthcare irrespective of cost. The outer elements of the cultural web are usually the easiest to identify. You very quickly begin to appreciate the power relations, control systems, symbols and titles. However, many of these elements of culture will be relatively superficial. Usually the most important element of a culture will be the organisational assumption which is often the most difficult to identify. Therefore organisations often work hard to try to instil these assumptions in their employees.

3. Culture classification Organisational cultures can be classified in many ways. One of the easiest is this one by Charles Handy. He describes four types of culture: power, role, task, and person. ๏ Power culture. In the power culture, all or nearly all power is concentrated in the hands of one person. Organisations with this culture often are small, perhaps family, organisations and the person who has the power is probably the founder. As organisations grow, it becomes increasingly difficult for this person to successfully wield power as there is simply too much to do and too much to know. However, even in some large organisations there can be a very charismatic Chief Executive Officer who with force of personality manages to wield great power. This can result in successful organisations, but auditors and investors should worry that perhaps one person wields too much power. Current corporate governance rules suggest that the Chief Executive Officer and the Chairman should be different people so the power at the top is spread. ๏ Role culture. As organisations grow, role cultures become more common. Role cultures are essentially bureaucracies. There tends to be great task specialization, many layers and titles, great formality. In stable environments, this can be an inefficient organisational culture, but it tends to be rather slow to adapt to change. Furthermore, employees think that their role and job title is more important than the work they actually do. ๏ Task culture. This is a more modern type of culture. Here employees do not concentrate so much on their role or title. Instead they concentrate on getting the task done and achieving organisational success. They will tend to be highly motivated, flexible, adaptable, and eager to learn. ๏ Person culture. This isn’t of great importance in most organisations. It refers to an organisation where the people are really pursuing their own particular ambitions. They may have to be in an organisation to fulfil that, but they are not really interested in the organisation so much as doing what they want. Perhaps a talented surgeon in a hospital might fall into this category. They have to be in a hospital to make use of the infrastructure, but what they really like doing is operating and curing people. Their interaction with the organisation is kept at a minimum.

Thank you so much

hello again;))

Hello professor,you have fans in SG , try to use ur lecture fo facilitate the learning of economic finance and banking this term .Our teacher said the textbook written by Mishkin is good,but I find it's really concise and not covering what we are going to exam.

that good teaching via expressions

I imagine the class getting triggered when he characterizes men and women. great lecture though. thank you.

EXERCIECE OF MONEY AND BANKING PLAES