...Foreign Exchange Market 2 Per $ 1.225 1.084 5.238 0.703 7.750 48.160 94.860 13.220 7.460 0.609 1.000 1. Refer to the exchange rates given in the following table. Today June 25, 2010 Country Australia Canada Denmark Euro Hong Kong India Japan Mexico Sweden United Kingdom United States Per $ 1.152 1.037 6.036 0.811 7.779 46.360 89.350 12.697 7.740 0.667 1.000 Per £ 1.721 1.559 9.045 1.215 11.643 69.476 134.048 18.993 11.632 1.000 1.496 Per € 1.417 1.283 7.443 1.000 9.583 57.179 110.308 15.631 9.577 0.822 1.232 One Year Ago June 25, 2009 Source: U.S. Federal Reserve Board of Governors, H.10 release: Foreign Exchange Rates. a. Compute the U.S. dollar–yen exchange rate, E$/¥, and the U.S. dollar–Canadian dollar exchange rate, E$/C$, on June 25, 2010, and June 25, 2009 Answer: June 25, 2009: E$/¥ = 1 / (94.86) = $0.0105/¥ June 25, 2010: E$/¥ = 1 / (89.35) = $0.0112/¥ June 25, 2009: E$/C$ = 1 / (1.084) = $0.9225/C$ June 25, 2010: E$/C$ = 1 / (1.037) = $0.9643/C$ b. What happened to the value of the U.S. dollar relative to the Japanese yen and Canadian dollar between June 25, 2009 and June 25, 2010? Compute the percentage change in the value of the U.S. dollar relative to each currency using the U.S. dollar–foreign currency exchange rates you computed in (a). Answer: Between June 25, 2009 and 2010, both the Canadian dollar and the Japanese yen appreciated relative to the U.S. dollar. The percentage appreciation in the foreign currency relative to the U.S. dollar is: % E$/¥...
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...specific market. These are smaller tier cities, Pittsburg of china. There is more money, even in second tier city. There is an opportunity, challenge. Lets likely to let go of their money, we like to save. We like to spend and going to debt for that. Are there subcultural issues? The whole thing about communism, materialism was not the highest goal ideology. DIY (do it yourself) dutch people get do it yourself. Do it yourself died in china. Electronics, they pulled out. So understanding the consumers and the difference between a dutch, chinees market. It’s a challenge for the company, there are al lot of things going on. A whole nother level of compleixity when you cross borders. A lot of uncertainty. Think about stratgegilcaally to handle these things. Currency risk, political risk, entirely different structure. Is The cost of doing business can be higher if there is a lack of trust. How to navigate these kind of difference is important how to make a profit. Because of these complexity, its interdisciplinary, we have political science and economics. I’m an lawyer, phd strategic management. That makes it interesting. Value creating opportunities. A lot of private companies, but also government. Coutry other than national origin. The firms that a going over boarder and impacting over border. It’s a holistic approach to international business. The level of analysis is often multinationals. There are a lot of different ways to own and control business across borders. Burnet....
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...The role of LNG in a global gas market Linda Cook Executive Director Gas & Power Royal Dutch Shell plc Oil & Money Conference, London 21st September 2005 Linda Cook is Executive Director Gas & Power of Royal Dutch Shell plc. Her other responsibilities are Renewables, Hydrogen and Carbon Dioxide; Shell Global Solutions; Group Research; East Asia and Australasia. She was born in Kansas City, Kansas, in 1958 and joined Shell after graduating in Petroleum Engineering from the University of Kansas. She has worked for Shell companies in the United States, the Netherlands, and Canada. Before becoming a Group Managing Director, Linda Cook had been President and Chief Executive Officer of Shell Canada Limited since August 2003. Prior to that she has been Chief Executive Officer of Shell Gas & Power since 2000. She is a member of the Society of Petroleum Engineers and a Director of the Boeing Company. Linda Cook: The role of LNG in a global gas market Global demand for natural gas may double by 2030, with LNG growing perhaps fivefold – driven by continued cost reduction. Despite the capital intensity of LNG projects and the complexity of the value chain, LNG supply capacity is increasing rapidly. Existing schemes are being expanded and many greenfield projects are moving ahead. Although the spot market for LNG is growing, new projects continue to be underpinned by long-term sales contracts. Competition for supplies is increasing price connectivity between regions. Seizing...
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...Export Management Final Report | | |Date |11/22/2010 | Table of Contents Part I 2 Executive Summary 2 Introduction 3 Background Information about the Netherlands 4 PESTEL Analysis 7 Market Research & SWOT Analysis 14 I. Market Research 14 II. SWOT Analysis 22 Part II 23 Entry Strategy: 23 Segmentation, Targeting & Positioning 23 ϖ Segmentation 23 ϖ Targeting 26 ϖ Positioning 28 Part III 30 Marketing Communication Plan 30 Conclusion & Recommendations 31 ϖ Conclusion 31 ϖ Recommendations 31 References 33 Part I Executive Summary This report has been carried out by the board of directors of Lenovo. The purpose of this report is to illustrate the export management plan of Lenovo. Lenovo Group Limited is a Chinese-based multinational computer technology corporation that develops, manufactures and markets desktops and notebook personal computers, workstations, servers, storage drives, IT management software, and related services. The report analyzes the environment and market which Lenovo will have to operate in. We start out giving some background information about the Netherlands. Then we move on to doing a PESTEL analysis. After that we explore the market research we have done and take a look at the SWOT analysis...
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...This is firstly due to the network of information that makes global societies interdependent. There are no countries that can make any decisions about matters of great consequence without international cooperation. The Internet has provided an global marketplace of ideas that can give answers to matters that one nation cannot solve by itself. There will not be a free and equal generation of answers, however, unless there is a global agreement on censorship. It should be clear whether censorship should be enforced or not and to what degree. Secondly, it has never been more important to have the ability to think critically and be tolerant than now. It is vital for the well-being of an individual in today's society. This social development has become evident on the online marketplace of ideas. When there is an increasing amount of input, there will undoubtedly be a lot more opinions to take into consideration, which will blur the definition of free speech. Finally, this way of life contributes to the necessary transformation of laws and constitutions. Since the establishment of freedom...
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...Richard Attias Become a fan Email The Development Factor: The Challenge of Sport in the 21st Century Posted: 10/21/2014 8:39 am EDT Updated: 10/29/2014 9:59 Sport occupies a peculiar place in world dynamics in that it surpasses the limitations of geographical boundaries and social classes. Still, a gap remains between developed and developing nations when it comes to sport. In the industrialized world, sport as an economic sector represents approximately 2% of GDP. For developing economies, though, the challenge remains making sport a factor of economic development, and a driver for social change, so it benefits all citizens in the long term. UNESCO's 1978 International Charter of Physical Education and Sport classified sport as "a fundamental right for all." But the low place sport occupies in the developing world's priorities shows that its importance as an educational and social tool is not yet universal. Everyone agrees that sport contributes to economic development by creating jobs and stimulating business activity. The organization of a major sporting event, for example, is a great opportunity for the local economy. The thousands of people who attend will spend money on food, lodging, transportation and other, related tourist activities. However, in recent years, we see these economic benefits are obvious only the short term. If we take the example of South Africa in 2010, the positive impact of the World Cup was, in terms of job creation and reduced crime...
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...most effective and best IBPS clerk interview success tips have been bunched up together in this article and presented before the candidates to get most out of the public sector and private sector bank clerical interviews in the coming months. This report has been made up by some of the successful candidates in PO and clerical interviews from the major banks. Lets get into the questions and their definite answers. Query on how should I present myself in front of the judging panel? Ans: You should be correct on time and keep an eye on your documents that they are properly stacked according to preference or not. It shows a disciplined character of the candidate towards the panel. Dress up in formals and keep hairs and nails neat and clean. When you are to enter the room, ask for permission in a calm yet confident tone. And ask if you can seat when you go in front of them, sit when they ask you to sit. Calmly be firm and straight in your posture and look towards everyone when answering their questions. This makes the judging panel feel that you are confident and ready to answer them. Also it shows your clarity on the subject and makes them interested towards you, which is very important for any type of interview. Introduce yourself. Ans: The judging panel has an introductory common question and that is your...
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...Reading Guide Questions **Remember: Create a google doc for the answer to these questions! Name it: YourName__Unit2ReadingGuide 1. Describe colonial population growth. What were the most populous colonies? Colonies’ populations were constantly growing due to lots of immigration and people having lots and lots of babies (which was the primary reason). Pop Rank: Virginia Massachusetts Pennsylvania NC Maryland 2. What were the main non-English groups that settled in the colonies? Africans (20%), Scots-Irish (7%), Pennsylvania-Dutch (6%) 3. What sorts of contributions did the Scots-Irish bring? (see “Makers” section too) They were westward pioneers, and helped make trails for people to follow. 4. What was the Paxton Boys uprising? A group...
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...shifting moment where people expect corporations to provide the financial return. But they’re, now they’re saying give me something more. Make sure that you behave in a manner. You actually behave in a manner that we can respect and we want to have some kind of relationship. Either we’re going to invest in your company, buy the products, go to work for you, pass a law that’s going to be helpful, whatever the situation is. So there’s an increasingly different kind of pressure on companies. … And corporate social responsibility is a mandate that companies have today. They don’t have any choice. The fact of the matter is that when you look at the research, our research as well as other research you’ll find that people expect, those people who shape opinions. And in many cases that’s legislators, that’s government people, that’s other corporations, that’s members of the media, that’s activist organizations. They are saying to companies yes we want you to earn a return but we want you to do it right. And we want you to do it in a responsible way. We don’t want you to abuse the environment. We don’t want you to abuse ethics. We don’t want you to abuse people’s rights. We want you to do it properly and we’re going to hold you accountable for it. Principled Companies > Ira Jackson, Director, Center for Business & Government, Kennedy School at Harvard The market will demand over time the emergence of principled companies. And these companies will not be long on rhetoric alone. They won’t just...
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...International trade is the exchange of capital, goods, and services across international borders or territories.[1] In most countries, such trade represents a significant share of gross domestic product (GDP). While international trade has been present throughout much of history (see Silk Road, Amber Road), its economic, social, and political importance has been on the rise in recent centuries. Industrialization, advanced transportation, globalization, multinational corporations, and outsourcing are all having a major impact on the international trade system. Increasing international trade is crucial to the continuance of globalization. Without international trade, nations would be limited to the goods and services produced within their own borders. International trade is, in principle, not different from domestic trade as the motivation and the behavior of parties involved in a trade do not change fundamentally regardless of whether trade is across a border or not. The main difference is that international trade is typically more costly than domestic trade. The reason is that a border typically imposes additional costs such as tariffs, time costs due to border delays and costs associated with country differences such as language, the legal system or culture. Another difference between domestic and international trade is that factors of production such as capital and labor are typically more mobile within a country than across countries. Thus international trade is mostly restricted...
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...Holland’s biggest profitable organization Evaluative Report Preface In front of you lies an evaluation report about the biggest profitable Dutch company, Shell. Via this report we want to show you how Shell is performing at this moment and how they stay at the top of their segment. The reason for writing this report is to give an insight into what Shell does, we all know them from their gas stations but Shell does much more and tries to be innovative by looking for new and improved energy sources all around the world. Besides that we choose Shell because of its Dutch background and the fact that they are recognized all over the world. Briefly said, Shell is the biggest company in The Netherlands and via this report we´ll try to unfold how they manage to perform this well and what the secret is to their success. Bergen op Zoom, Noord – Brabant May 31st , 2011 Table of Contents 1. Introduction 1 2. General description of Shell 2 2.1 History of the organization 2 2.2 Products and Services 3 2.3 Operations 3 2.4 Financial Situation 4 2.5 Legal Aspects 4 2.6 Corporate Governance and Social Responsibility 5 2.6.1 Corporate Governance 5 2.6.2 Social Responsibility 5 3. Organization Environment 6 3.1 Relevant market 6 3.2 Supply chain 6 3.3 Shareholders 6 3.4 Relevant Macro Factors and Business Trends 7 3.5 Competition in Particular 7 4. Organization Goals and Strategies 9 4.1 Mission and Vision 9 4.1.1 Mission 9 4.1.2 Vision 9 4.2...
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...Associate Level Material Appendix C Outcomes of the Revolution Part 1 Complete the grid by describing each military event and explaining its relationship to the outcome of the Revolutionary War. |Military Event |Description |Relationship to the Outcome of the Revolutionary War | | |In 1775, the British secretary of state felt pressured by the growing stockpiles|This battle gave the minutemen the boost they needed to get things going with the | |Concord and Lexington|of the colonists so he pressured governor Thomas Gage to do something about it. |Revolutionary War. | | |So in April of 1775, Gage sent troops to the town of Concord where they were | | | |supposed to take the supplies and arrest patriot leaders John Hancock and Samuel| | | |Adams. When they got there, however, Hancock and Adams had fled. (Schultz, 2012,| | | |pg. 95) During their venture to Concord, they were faced with the American | ...
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...The Dirty Thirties and the Emergence Of Canadian Social Assistance Grade 10 Academic-CHC2D Dec. 12, 2011 By: Kate Raatzs, Archana Selvaragan and Jennifer Joseph Table of Contents Task Page Design Plan Statement 1 Course Outline 2-5 Unit Overview 6 Unit Calendar 7-8 Enduring Understandings/Essential Questions 9-10 Lesson Summaries: a) Causes of Economic Troubles 11 b) Population Changes and Immigration 12-14 c) Technology of the 1930s 15 d) Life in the 1930s 16 e) On-To-Ottawa and Social Unrest 17 f) Social Assistance Programs 18 g) Then and Now Review Lesson 19-21 h) Then and Now Round Table Assignment 22-23 Appendix A: Round Table Discussion Handout 24 Rubric for Round Table Discussion and other Assessment ideas 25-28 Topic Organizer 29-31 Speech Planner 32 Design Process Statement Our group initially decided to work together because each of us was specifically interested in developing lessons for Grade 10 Canadian History – Academic. Some of us wanted to develop our understanding of the curriculum itself, while others wanted to focus on working with students of this age. After reviewing the curriculum...
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...Chapter One Canadian Constitution * THE MOST IMPORTANT DOCUMENT IN CANADA!!!!!!!!!!! * Has the roles of ALL levels of the government and describes how they work together * Governor General * Executive * Legislative * Judicial * Also has things like ooooh, the Charter of Rights and Freedoms British Monarch * The governor general is the Queen’s representative here in Canada * They are the formal head of state * So no real power… * Considered part of the executive and legislative branch The Executive Branch * Prime Minister and the Cabinet are part of the executive * To become PM, you have to lead a political party and win the most seats in the HofC * The cabinet is chosen by the PM and they come from his political party * Makes most laws and goes through the process to enact them * Basically runs the government through the days * Cabinet ministers are given portfolios that they are responsible for * They research issues and help to propose laws from their portfolio * Ex. Agriculture, justice, foreign affairs are types of portfolios * Each cabinet runs their own affairs which is the day to day activity of the government. * Each cabinet minister has their own staff to help them Political Parties * Whoever has the most seats leads the government * Candidates run for election, party with most votes form government * Are considered organizations...
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...so fast and Bangladesh is adopting the modern method of banking appropriately. Since it has been launched, online banking is getting more and more popular. Online banking pioneers in Bangladesh are the multinational banks but other local banks (both the public and private) followed the trend almost in a paralleled way. A number of private as well as local banks are going online now considering the demand and necessity of fast banking. Online banking not only provides banking facility for 24 hours, moreover it helps countries to get attached with one another and helps to advance in trade and commerce. It actually helps to be interlinked, to go global and to stay updated with the current money and asset management techniques. The online banking is also referred as Electronic banking or Internet banking. As the world is going global so people from different countries are now getting engaged in business and other activities thus they now need very fast and easy access to bank accounts to fulfill the exchange formalities. In Bangladesh many banks have adopted online banking, these banks are HSBC, SCB, Citi Bank NA, Dutch Bangla Bank, City Bank, Bank Asia, Eastern Bank, Jamuna Bank, UCBL, AB Bank etc. All of them have adopted the online banking but there is difference in the style of providing the service, some are quite advanced and some are at the initial stage. Our study is all about to discover and present the current status of online banking in Bangladesh. Besides this, we also...
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