...Introduction The commercial space region consist of entrepreneurial space companies, emerging market for space capabilities and prime contractors. Space commercialization involves rendering or selling of services such as satellite communications, remote sensing, launching of space objects and the manufacturing, transferring and exchanging of space products for remuneration." Commercial space is divided into different areas which are: launch vehicle manufacturing and services, satellite manufacturing and satellite operation and services. The opportunity of using space to make money by selling goods and services to governments and private customers has become very prevalent in Europe, Nigeria and Russia and is growing rapidly. Government plats a huge and active part in the capitalizing and promoting of commercial space, they carry this role out by creating policies that are regulatory and polices that lead government agencies into purchasing services or hardware from companies.eg. Buying data from remote sensing satellite companies. “Space has become a global enterprise with the number of nations and firms with space goods and services growing rapidly. And not only are more people involved in space but also the unique advantages of the space environment have contributed greatly to the growing trend toward globalization through its almost universal coverage of populated...
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...Prof. Dr. Streitferdt International Financial Management Winter semester 2015/16 1. Prologue 1. Prologue 2. Foreign exchange markets 3. Foreign exchange exposure management 4. Financial management of multinational corporations 5. Financial management of multinational corporations 6. Corporate Governance 7. Mergers & Acquisitions 8. Risikomanagement Prof. Dr. Streitferdt: International Financial Management 1 1. Prologue Discounting Calculating present value 0 t=1 t=2 t=3 2,000 t=0 4,500 3,000 t=4 t=5 3,500 6,000 How much would you be willing to pay for this stream of future cash flows, if the interest is at i = 5.65%? Why is the result today’s value of the future cash flows? What are the assumptions of this calculation? Prof. Dr. Streitferdt: International Financial Management 2 1. Prologue Discounting Calculating present value 10/28 10/14 6,000 0 How much would you be willing to pay for this stream of future cash flows, if the two week Euribor is at i = 5.65%? What makes this calculation different from the last slide’s calculation? How many days has a year? Prof. Dr. Streitferdt: International Financial Management 3 1. Prologue Discounting Interests for investments with less than one year maturity Interests are always quoted for one year: A company has in 2012 an overdraft credit of 100,000 €...
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...Case Study On Chrysler in Trouble Prepared For: Tanvir H Dewan Course Coordinator of CBA,IUBAT Prepared By: Group Name: Brain Crash Name | ID | Section | Program | Md. Manik Molla | 12102462 | B | BBA | Kazi Mahmud Hasan | 12102482 | B | BBA | Mahidul Islam | 13202013 | B | BBA | Monika Shama | 12102450 | B | BBA | Course Name: Strategic Management Course Code: MGT - 403 Section – B Date of Submission: 29th November 2014 IUBAT- International University of Business Agriculture and Technology I. Current Situation A. Current Performance Chrysler is an American automobile manufacturer headquartered in Auburn Hills, Michigan and owned by Italian automaker Fiat. Chrysler is one of the "Big Three" American automobile manufacturers. It sells vehicles worldwide under its flagship Chrysler brand, as well as the Dodge, Jeep and Ram. Other major divisions include Mopar, its automotive parts and accessories division, and SRT, its performance automobile division. In 2014, Chrysler Group LLC is the seventh biggest automaker in the world by production. In 1998, Chrysler merged with German automaker Daimler-Benz AG to form DaimlerChrysler; the merger proved contentious with investors and Chrysler was sold to Cerberus Capital Management and renamed Chryvgsler LLC in 2007. Like the other Big Three automobile manufacturers, Chrysler was hit hard by the automotive industry crisis of 2008–2010 and filed for Chapter 11 bankruptcy reorganization on April 30...
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...allowed them to settle down (in an area called Mesopotamia). If they produced more than they consumed, they could save for the future. With proper storage facilities, they no longer needed to eat and drink everything they had; instead they could put some aside literally for "rainy days", and, even more importantly, invest some of the agricultural output to produce even more. Now zoom forward several thousand years: saving has become central to individual and collective prosperity. As a rule of thumb those who save more become wealthier because foregoing consumption today allows one to invest in the future (e.g. you can save to buy a bicycle, a car, or a house). Businesses can invest in new equipment and governments in new roads, schools and health facilities. All of these investments are associated with better economic futures. People and companies tend to save and invest if they can trust the institutions that manage their money and the economy at large. In the past, it was not always safe to keep deposits at banks in many African countries. It is different today. In fact some may feel more secure entrusting their savings to African banks than those in Europe (as depositors in Cyprus’ banks recently realized). But you need more than robust and credible banks for increasing savings and investments. Investors will only enter and stay in large numbers if they can trust that the state won’t change the rules of the game in mid-course. Poorer countries save less than rich ones...
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...Top of Form Which of the following statements is CORRECT? | a. | Corporations of all types are subject to the corporate income tax. | | b. | One of the advantages of a corporation from a social standpoint is that every stockholder has equal voting rights, i.e., "one person, one vote." | | c. | One of the advantages of the corporate form of organization is that it avoids double taxation. | | d. | One of the disadvantages of a sole proprietorship is that the proprietor is exposed to unlimited liability. | | e. | It is easier to transfer one's ownership interest in a partnership than in a corporation. | Question 2 Relaxant Inc. operates as a partnership. Now the partners have decided to convert the business into a corporation. Which of the following statements is CORRECT? | a. | Relaxant's shareholders (the ex-partners) will now be exposed to less liability. | | b. | The firm's investors will be exposed to less liability, but they will find it more difficult to transfer their ownership. | | c. | The firm will find it more difficult to raise additional capital to support its growth. | | d. | The company will probably be subject to fewer regulations and required disclosures. | | e. | Assuming the firm is profitable, none of its income will be subject to federal income taxes. | Question 3 Which of the following statements is CORRECT? | a. | Conflicts would not exist if the Security and Exchange Commission were abolished. | | b. | The...
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...Portfolio Management | INVESTMENT PLAN | Introduction: We have been provided with €1,000,000 to invest for a client not familiar with the concept of investing in stocks or aware of the current market trends. Given his lack of knowledge, our objective is to try and ensure a good enough return on the investments we make based on a period of seven weeks. By setting up an account on Yahoo! Finance, we will monitor our investments and all results will be reported in Euros. Our Client: The different stages in the life cycle are a primary reason for investors to adapt a particular attitude towards risk and that attitude defines the whole portfolio of an investor. An investor in his mid-30s will have a distinctive attitude than someone in his mid-40s or 60s, because the needs and demands differ throughout the stages in our life cycle. Our client, in his mid-40s, is at a stage in life where his personal goals in life revolve around taking care of the family. Demands such as day to day expenses, educational expenses for his children, various insurances and bills as well as retirement contributions are examples of needs that need to be fulfilled. Due to his poor knowledge and skill concerning portfolio management, portfolio optimization, security analysis and asset allocation, he has decided to knock on our door to manage his cash. Our client would like to play it safe in order to get a return which is stressed as a preparation for a better life during his retirement. He...
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...During the 2000s, there were few national investment opportunities in Europe because of low interest rates that caused government bonds to produce low returns. The solution for European investors was to turn to America where they could buy mortgage-backed securities, an investment that was considered safe and that yielded higher returns than government bonds (Fligstein and Habinek, 2011). When the American mortgage market broke down it quickly spread to other countries, and the global financial crisis was a fact. In this paper I will start off by explaining the background for the mortgage crisis in the US. Afterwards I will try to elaborate how this could spread across the world and make the crisis global. Finally I will discuss why this crisis has been so slow in resolving itself since many countries still struggle in the aftermath of the crisis. My thesis is that: The decline in investment opportunities in several countries in the European Union caused investors in some of the richest countries to buy mortgage backed securities from the US. When these mortgage backed securities defaulted, the crisis turned global. The American mortgage crisis: When the American banking sector gradually got deregulated during the 80s and 90s, the banks came up with new and creative ways to reach out to new costumers. Basically it is conventional economic wisdom to not lend out money to people with bad financial credibility, but an innovation in financial alchemy changed this. By the...
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...United Kingdom is one of the best economies in the world It is the third-largest in Europe measured by nominal Gross Domestic Product(GDP) and sixth in the world. The British economy is made out of England, Scotland, Wales and Northern Ireland. For an economy the national output and national income are very important and we can calculate both of these by GDP, which refers to the market value of all finished goods and services produced within a country in a given period of time. We can calculate the GDP in three different ways defining the same total. They are the output, the income and the expenditure(GDP=C+I+G+(X-IM) approach.(add taxes and subtract subsidies to the first two methods though). There is an economic growth as we can see (see graph 1) from the GDP of the country through the past years. In March of 1973 there is the highest increase in the rate of economic growth as it reaches 5.3% and one year later, March of 1974, we can see a decrease of economic growth of a rate of 2.5%. There is also an enormous continuous increase of total GDP after 2002 till 2008, as we can see from the graph 2. After 2008 there is a decrease in GDP till 2010 due to world economic crisis however, there is an increase in 2011 and it reaches $2253 trillions. Graph 1 Graph 2 Potential GDP and the GDP gap Potential GDP is the amount of national output that would be produced if the economy was operating at its full employment level, where the actual GDP is the level of total output...
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...Abstract Greece is experiencing a budget crisis so severe that the country may lose its footing in the European Union. Athens is reporting a deficit that is four times the EU limit, which means that Greece could be in danger of losing the euro as its national currency. The government has promised tough austerity measures, but many Greeks say they are in no mood for sacrifice. Farmers are blocking border crossings, highways and major ports to demonstrate their frustration. They say they're desperate. Cheap imports and middlemen's charges are apparently pushing Greek produce out of major markets. Pavlos Issaris grows potatoes, wheat and corn. He says the cost of doing business is putting him out of business. He and other farmers want the government to provide subsidies to reduce the price of diesel and other necessities. And Issaris says he also wants the government to more aggressively control imports. Greece and its Economy Problem The new government of Socialist Prime Minister George Papandreou is resisting subsidies. Athens is trying to reassure its EU partners with a plan that includes tax hikes and sharp cutbacks in the country's enormous public sector. Nearly 1 in 10 Greeks is employed by the government as a civil servant; that's almost 1 million people. But Papandreou's pledge to trim that number has already triggered protests. Civil servants are planning nationwide strikes this month. People have a hard time believing that we're actually going to do what we...
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...STRATEGIC MARKETING The wish for Alfa Romeo to come back to the US Market Plan: 1) Introduction 2) The Us Market a. Pestel Analysis b. Main actors in the Market c. Porter Analysis d. State and trends e. Key factors to success 3) Strategies and recommendations a. The situation of Alfa Romeo b. A challenger position c. The threats and opportunities d. Marketing Mix (4P) 4) Conclusion 1) Introduction: Alfa Romeo is an Italian carmaker born in 1910, in Milano. Since 1986, the brand is a part of the Italian Automotive group Fiat. The Fiat Group owns the brands Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Ferrari, Iveco, Jeep, Lancia and Maserati. The CEO of Fiat is Sergio Marchionne and Harald Wester is the CEO of Alfa Romeo. Alfa Romeo left the Us Market in 1995, because its situation was dire, after a gold period in the middle of the sixties. Since 1995, Alfa Romeo officially sold only two models in the USA, representing 125 units. Fiat Group aims to develop its position on the world market, in September 2010, Fiat was the ninth automotive group in the world, with a production of 2.46 millions of vehicles. To develop itself on an international way, the group is counting on the US market and had implemented many strategies to increase its market shares. The main one was to progressively acquire the Chrysler...
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...[Name] | International Marketing Cases | October 20, 2013 [Name] | International Marketing Cases | October 20, 2013 Chiquita Banana Chiquita Banana Contents Chiquita Banana Overview 2 PESTEL analysis for the European Union 2 Political: 2 Economic: 3 Sociocultural Factors: 3 Technological: 4 Legal: 4 Environmental: 5 Marketing Mix 6 Product: 6 Price: 6 Place: 7 Promotion: 7 SWOT Analysis 8 Strengths: 8 Weaknesses: 8 Opportunities: 9 Threats: 9 Internationalization Strategy and Viability 10 Chance: 11 Incoterm 12 Possible incoterms for the company 12 Solution 12 Appendix A 14 Works Cited 15 Chiquita Banana Overview Chiquita Brands International, Inc. is one of the most important international marketers and distributors of food products derived from bananas, as well as other fruits and healthy snack products. Chiquita Banana revenues for about $3 billion dollars a year and employs more than 21,000 people and operates in about 70 countries worldwide. Chiquita Banana together with Dole, Del Monte and Fyffes control about 80% of the global banana market. In 1993 the EU created the Common Organization of the Market in Bananas (COMB) to deal with the harsh competition between these companies. They would allow duty free access to the EU but subject to quotas to bananas from the Africa’s, Caribbean and Pacific, while bananas from Latin America were subject to an import tax of 176 Euros per ton and a quota of 2533...
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...The Rise (and Fall) of the Japanese Yen Lawrence Cifarelli III, Nazanin Ershad, Natthima Sonsoem, Anyesha Mahaptra University of New Haven Abstract This Case study provides an insight to the fluctuations experienced in the currency of Japan, Yen from the late 1990’s to recent years. Japan follows the floating currency monetary policy due to which there is no measures taken on to control the fluctuations. Japan experienced magnificent growth through the 60's, 70's, and 80's leading into the 90's beginning. In the late 1990's, Japan’s economy marked its growth significantly slower, which had then come to be known as the 'lost decade' due to Japanese Asset Price bubble that collapsed. Eventually the nation faced major issues regarding environmental disasters, hollowing out of industries, etc. The past events which have caused the rise and downfall of Japanese Yen has been illustrated for examining the causes of the appreciation and depreciation of this currency. The influence of this floating currency on Japan's economy has been depicted in this case study. This paper also provides some applications of the measures that can maintain the stability of the Japanese Yen. Japan experienced tremendous growth throughout the 1960s, 1970s, and 1980s leading into the leading into the early 1990s. After World War II, Japan underwent a period of restoration followed by the events in 1978 where Japan excelled as a manufacturer partnering with the United States which helped to make its...
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...company operated in 39 countries with 276M registered users worldwide. In 2007, the total value of all successfully closed items was $59B with an average $2,039 worth of goods trading on the website every second. eBay makes their money by charging a small fee to sellers who list their product along with a description of the item on the website. Items can be sold at fixed price or by auction. After a bidder wins an auction or a buyer purchases a product, sellers and buyers settle their transactions via PayPal, a money transferring service, also owned by eBay. eBay’s Feedback Forum is where eBay users leave comments about each others buying and selling experiences. Buyers can learn about other buyers’ experience with a particular seller buy viewing his rating and reviews before buying from that individual. Sellers can also vet buyers in the same way. Users with the enough positive ratings receive colored stars, which indicate the highest rating. eBay participants sign user agreements that specify the trading rules and expectations. eBay’s staff investigate alleged misuses such as fraud, trading offenses and illegally listed items. Resolutions include banning a user from future trading on eBay. How eBay Creates Value Value creation is the primary objective of any firm. Value creation occurs when there is additional value being added to the bottom line of a business a result of the creation and use of new methods to maximize the shareholders wealth (Agbor-Ndakaw, n.d.). No...
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...Unit 1 The business environment School: Zadkine Name: Julian Tillema Class: 1m Teacher: mrs. See Date: 19-12-2011 Unit: 1 Index Companies: Jumbo and Sony Task 1 * Describe their purposes, ownership and type. Page. * Describe the different stakeholders and their influences on the purpose of the organizations. Page. * M1! Explain how from different points of view stakeholders seek to influence the aims and objectives of the chosen organizations. Page. * D1! Select one of the organizations and provide an evaluation of the influence stakeholders exert on the organization. Page. * Describe how the businesses are organized identifying the activities of and relations between the functional areas. Page. * Explain how the way they are organized makes it possible for them to fulfill their. Page. Task 2 * Describe how each of the different economic environments influences the selected organization. Consider topics such as income, growth, level of development, demand and supply to highlight the differences. Page. * Compare how the challenges of the two different economic environments are faced by the selected business in their activities. Page. Task 3 * Describe and analyze how political, legal and social factors are impacting upon the business activities of the selected organizations; * Evaluate how expected future changes in economic political, social and legal factors may impact...
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...Moreover, the private bondholders are expected to agree to Greek debt swaps that should keep the country from a hard default. Another reason for the selection of euro is the latest decision by the Bank of England not to increase the bond purchases as bond purchases means outflow of money that leads to trade deficit and depreciation of Euro (TopForexNews.com, 2012). Furthermore, the reason I chose Great Britain pound was due to the appreciation of UK pound against the US dollar based on the latest interest rate decision by the Bank of England to keep it the same as well as to keep its debt-purchase program on hold for the time being (TopForexNews.com, 2012 ). Discussion 14 March 2012 For the first week of trading, I am only allowed to buy the currencies. The Japanese yen is expected to fall when the European finance ministers agreed to provide a bailout for Greece and on...
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