...and lending in multiple currencies, for example to eliminate currency risk by locking in the value of a foreign currency transaction in one's own country's currency. Option Hedging It refers to the right to buy or sell foreign exchange at a specified strike price in exchange of a certain option premium either at the option expiration date or during the option period. * If one acquires the right to purchase foreign exchange, it is called the call option. Buyer of the call option pays option premium & it will be the gain for the seller & the option. * If one acquires the right to sell the foreign exchange, it is called the put option. Buyer of the put option incurs put premium as expenses. How Companies Use Derivatives To Hedge Risk Companies use derivatives for hedging risk in foreign exchange. The three most common ways to use derivatives for hedging are presented below for better...
Words: 1572 - Pages: 7
...Cover Letter: Before & After “Before” Letter Jane Doe 123 Apple Way New York, NY 10000 October 23, 2011 Acme Corporation 100 Main Street New York, NY 10000 RE: Marketing Manager Position Weak, qualifying language. Dear Hiring Manager: After reading the job description for the Marketing Manager position at Acme, I believe I would be a great fit in this role. I currently work in an environmental 501(c) communicating sustainability messages to corporations, non-profits, and government agencies. I have partnered with a diverse group of companies educating students, supply chains, and corporate staff on relevant sustainability issues. This organization has reinforced my understanding about the amount of positive influence corporations can have. I would like to work for a firm motivated by operationalizing sustainability principles with the reputation and audience to do so. I believe I have all the attributes and characteristics to be a successful Marketing Manager at Acme. I am extremely organized in all aspects of my work both critically and logistically. I excel at planning long-term projects through my detail-oriented plans that are efficient in their use of resources and flexible in accommodating unforeseen variables. I believe this is the fundamental foundation to be an outstanding Marketing Manager. These characteristics intertwined with teamwork, passion, and drive equate to successful sustainability results. I hope to be part of Acme’s strong...
Words: 1003 - Pages: 5
...is it the customer? Should a company simply meet the required regulations, or attempt to go above-and-beyond the requirements? All of the questions involve corporate social responsibility. Corporate Social Responsibility can be defined as “the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large” (World Business Council for Sustainable Development). Cash is King Many organizations and individuals feel that businesses simply have the responsibility to make profits (Friedman, 1970). These companies or individuals place emphasis on satisfying the desires of its shareholders, primarily through high profits. Generally, these companies will spend only enough money on social responsibilities to comply with regulations. The money spent going above the required amount is considered to be spending someone else’s money. “Insofar as his actions in accord with his "social responsibility" reduce returns to stockholders, he is spending their money. Insofar as his actions raise the price to customers, he is spending the customers' money” (Friedman, 1970). They feel that employees can individually donate their time or money to contribute to society. CSR is Overrated Ultimately, trade-offs must be made between the financial health of the company and ethical outcomes (Doane, 2005). Companies must make profits the priority...
Words: 1675 - Pages: 7
...CIS 106 WK 10 Term Paper - The Future of IT To Purchase Click Link Below: http://strtutorials.com/CIS-106-WK-10-Term-Paper-The-Future-of-IT-CIS1062.htm CIS 106 WK 10 Term Paper - The Future of IT You are the new chief information officer for ACME Widgets. The president of the company recently asked you what you think the future of information technology will be. After a lengthy discussion, he further challenged you to write a position paper that will help direct the company’s allocation of resources based on your understanding of the future and potential paradigm shifts. Write a five to eight (5-8) page paper in which you: 1. Identify and describe a future information technology that you believe will create a paradigm shift. 2. Identify and describe the domain in which the shift will occur. 3. Explain the technology, how it works, and how it is different from what we have today. 4. Give at least five (5) reasons why the technology will create a shift. 5. Use at least three (3) quality resources in this assignment. Note:Wikipedia and similar Websites do not qualify as quality resources. Your assignment must follow these formatting requirements: • Be typed, double-spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. • Include a cover page containing the...
Words: 279 - Pages: 2
...CIS 106 WK 10 Term Paper - The Future of IT To Purchase Click Link Below: http://strtutorials.com/CIS-106-WK-10-Term-Paper-The-Future-of-IT-CIS1062.htm CIS 106 WK 10 Term Paper - The Future of IT You are the new chief information officer for ACME Widgets. The president of the company recently asked you what you think the future of information technology will be. After a lengthy discussion, he further challenged you to write a position paper that will help direct the company’s allocation of resources based on your understanding of the future and potential paradigm shifts. Write a five to eight (5-8) page paper in which you: 1. Identify and describe a future information technology that you believe will create a paradigm shift. 2. Identify and describe the domain in which the shift will occur. 3. Explain the technology, how it works, and how it is different from what we have today. 4. Give at least five (5) reasons why the technology will create a shift. 5. Use at least three (3) quality resources in this assignment. Note:Wikipedia and similar Websites do not qualify as quality resources. Your assignment must follow these formatting requirements: • Be typed, double-spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. • Include a cover page containing the...
Words: 279 - Pages: 2
...can do the modules in order or you can skip to the module you want. However, complete the exercises within each module in the order in which they are presented, as they may build on previous exercises. You can stop the tutorial at any time and return to it later. This tutorial has the following modules: ’Banking’ on page 9 ’Purchases’ on page 16 ’Sales’ on page 21 ’Jobs’ on page 30 ’Forms’ on page 34 ’Reports’ on page 40 ’Payroll’ on page 43. 1 Your AccountRight company file The information you enter in your AccountRight software is stored in a file called a company file. Your company file contains all the transactions, records and accounts data you enter into your software. Other information used by your AccountRight software, such as customised reports, letters and templates, is stored in other folders inside the AccountRight software installation folder. prompted to verify your company file each time you open it and before you back it up. You can check your company file for errors at any time by going to the File...
Words: 12470 - Pages: 50
...appears in the print version of this title: 0-07-053448-9. All trademarks are trademarks of their respective owners. Rather than put a trademark symbol after every occurrence of a trademarked name, we use names in an editorial fashion only, and to the benefit of the trademark owner, with no intention of infringement of the trademark. Where such designations appear in this book, they have been printed with initial caps. McGraw-Hill eBooks are available at special quantity discounts to use as premiums and sales promotions, or for use in corporate training programs. For more information, please contact George Hoare, Special Sales, at george_hoare@mcgraw-hill.com or (212) 9044069. TERMS OF USE This is a copyrighted work and The McGraw-Hill Companies, Inc. (“McGraw-Hill”) and its licensors reserve all rights in and to the work. Use of this work is subject to these terms. Except as permitted under the Copyright Act of 1976 and the right to store and retrieve one copy of the work, you may not reproduce, modify, create derivative works based upon,...
Words: 42929 - Pages: 172
...appears in the print version of this title: 0-07-053448-9. All trademarks are trademarks of their respective owners. Rather than put a trademark symbol after every occurrence of a trademarked name, we use names in an editorial fashion only, and to the benefit of the trademark owner, with no intention of infringement of the trademark. Where such designations appear in this book, they have been printed with initial caps. McGraw-Hill eBooks are available at special quantity discounts to use as premiums and sales promotions, or for use in corporate training programs. For more information, please contact George Hoare, Special Sales, at george_hoare@mcgraw-hill.com or (212) 9044069. TERMS OF USE This is a copyrighted work and The McGraw-Hill Companies, Inc. (“McGraw-Hill”) and its licensors reserve all rights in and to the work. Use of this work is subject to these terms. Except as permitted under the Copyright Act of 1976 and the right to store and retrieve one copy of the work, you may not reproduce, modify, create derivative works based upon,...
Words: 42929 - Pages: 172
...in the print version of this title: 0-07-053448-9. All trademarks are trademarks of their respective owners. Rather than put a trademark symbol after every occurrence of a trademarked name, we use names in an editorial fash ion only, and to the benefit of the trademark owner, with no intention of infringement of the trademark. Where such designations appear in this book, they have been printed with initial caps. McGraw-Hill eBooks are available at special quantity discounts to use as premiums and sales promotions, or for use in corporate training programs. For more information, please contact George Hoare, Special Sales, at george_hoare@mcgraw-hill.com or (212) 904 4069. TERMS OF USE This is a copyrighted work and The McGraw-Hill Companies, Inc. (“McGraw-Hill”) and its licensors reserve all rights in and to the work. Use of this work is subject to these terms. Except as permitted under the Copyright Act of 1976 and the right to store and retrieve one copy of the work, you may not reproduce, modify, create...
Words: 43349 - Pages: 174
...101: How Companies Decide Where to Expand or Relocate [As a businessman] I never made an investment decision based on the Tax Code . . . [I]f you are giving money away I will take it. If you want to give me inducements for something I am going to do anyway, I will take it. But good business people do not do things because of inducements, they do it because they can see that they are going to be able to earn the cost of capital out of their own intelligence and organization of resources. — Paul O’Neill, former CEO of Alcoa and President George W. Bush’s first Secretary of the Treasury 1 How companies decide where to expand or relocate is not rocket science. Their decision-making process is driven by business basics; subsidies rarely make a difference. The trouble is, the way the system is rigged, companies are getting huge subsidies to go where they would go anyway. Here’s a typical search process. A company of substantial size will usually hire a site location consultant to perform the research on new locations. If the company doesn’t use a consultant, it will assign lead duties to one of its divisions, usually real estate or finance. In either case, a management team will coordinate with the consultant or internal lead, providing input about what the company needs, from operations, sales, and other departments. The company—let’s call it Acme Widget—says to the consultant: to make widgets, we need a location that has plenty of workers who 47 know how to make widgets or who...
Words: 7216 - Pages: 29
...questions 1-35 All of the following are considered exceptions to the general rule that there is no duty to rescue except: Answer Contract – lifeguards, for example, have signed contracts agreeing to rescue people in exchange for pay and benefits. Witnessing an accident – this creates a duty to step in and help the injured Child abuse- statutes in nearly all states require that one report suspected child abuse. Endangerment – if one puts another in danger, then he/she is obligated to rescue that person. 5 points • Question 1 of 35 According to Citizens United v. Federal Election Commission, which of the following is not a reason to allow corporations the right to spend money and advertise for political candidates? Answer Political speech is the most important, and most protected, speech that exists. It is crucial to the democratic process that political speech be encouraged and heard. The immense wealth of a corporation allows it to be the most accurate in providing messages to people. Presidents and members of Congress often consult with corporate leaders on a number of issues, suppressing all corporate political speech would eliminate the ability for non-profits and smaller corporations to oppose or reject publicly the position of those larger corporations being consulted. Restrictions do not protect minority or dissenting shareholders because they can address disagreement through the corporate democratic process...
Words: 1876 - Pages: 8
...Application Letter April 14, 2006 Mr. Dominico Chua Employment Manager MILY Corporation 13764 Linda Blair Roanoke, VA 24019 chua@mily.com Dear Mr. Chua: From your company's web site I learned about your need for a sales representative for the Virginia, Maryland, and North Carolina areas. I am very interested in this position with MILY’s, and believe that my education and employment background are appropriate for the position. While working toward my master's degree, I was employed as a sales representative with a small dairy foods firm. I increased my sales volume and profit margin appreciably while at Farmer's Foods, and I would like to repeat that success in the pharmaceutical industry. I have a strong academic background in biology and marketing, and think that I could apply my combination of knowledge and experience to the health industry. I will complete my master's degree in marketing in mid-May and will be available to begin employment in early June. Enclosed is a copy of my resume, which more fully details my qualifications for the position. I look forward to talking with you regarding sales opportunities with MILY’s. Within the next week I will contact you to confirm that you received my email and resume and to answer any questions you may have. Thank you for your consideration. Sincerely, Jhames Bond Sales Letter Digital Product # 457 Ayala St. Makati City July 15, 2007 Dr. Jean Sasan School Administrator Saint jean College Pasay City Dear Dr...
Words: 4896 - Pages: 20
...C# Language Specification Version 4.0 Notice © 1999-2010 Microsoft Corporation. All rights reserved. Microsoft, Windows, Visual Basic, Visual C#, and Visual C++ are either registered trademarks or trademarks of Microsoft Corporation in the U.S.A. and/or other countries/regions. Other product and company names mentioned herein may be the trademarks of their respective owners. Table of Contents 1. Introduction 1 1.1 Hello world 1 1.2 Program structure 2 1.3 Types and variables 4 1.4 Expressions 6 1.5 Statements 8 1.6 Classes and objects 12 1.6.1 Members 12 1.6.2 Accessibility 13 1.6.3 Type parameters 13 1.6.4 Base classes 14 1.6.5 Fields 14 1.6.6 Methods 15 1.6.6.1 Parameters 15 1.6.6.2 Method body and local variables 16 1.6.6.3 Static and instance methods 17 1.6.6.4 Virtual, override, and abstract methods 18 1.6.6.5 Method overloading 20 1.6.7 Other function members 21 1.6.7.1 Constructors 22 1.6.7.2 Properties 23 1.6.7.3 Indexers 23 1.6.7.4 Events 24 1.6.7.5 Operators 24 1.6.7.6 Destructors 25 1.7 Structs 25 1.8 Arrays 26 1.9 Interfaces 27 1.10 Enums 29 1.11 Delegates 30 1.12 Attributes 31 2. Lexical structure 33 2.1 Programs 33 2.2 Grammars 33 2.2.1 Grammar notation 33 2.2.2 Lexical grammar 34 2.2.3 Syntactic grammar 34 2.3 Lexical analysis 34 2.3.1 Line terminators 35 2.3.2 Comments 35 2.3.3 White space 37 2.4 Tokens 37 2.4.1 Unicode character escape sequences 37 2.4.2 Identifiers 38 2.4.3 Keywords 39 ...
Words: 47390 - Pages: 190
...Metabical After spending millions of dollars for ten years in research and development, Metabical was finally able to receive FDA approval, making it the first and only drug to receive FDA approval to meet the needs of customers who have been trying to lose weight. Like with any other new product, numerous issues need to be considered before Metabical is actually introduced in the market. Decisions about pricing, packaging and demand forecast of the product are key to the success of Metabical. Barbara Printup, senior director of marketing for CSP, needs to analyze the market critically in order to decide the pricing and packaging strategy and forecast the demand for the product before it is launched. The demand forecast and the pricing and packaging strategies all plays a significant role in determining the long-term success of Metabical because the drug market is intensely competitive and only those products which are marketed with innovative strategies can survive in the market. Packaging decision is the first thing that needs to be taken care of. Since FDA trials showed that most of the people were able to achieve their weight loss goals by week twelve, the drug would be approved as a twelve- week treatment plan. The major issue that Printup needs to consider is the number of pills that would be included in each pack. Packing the entire twelve- week supply in one package does sound like a good plan but CSP should not forget that packaging plan directly ties in with the...
Words: 7510 - Pages: 31
...Strategic Leadership and Decision Making 18 STRATEGIC VISION A specialist was hired to develop and present a series of half-day training seminars on empowerment and teamwork for the managers of a large international oil company. Fifteen minutes into the first presentation, he took a headlong plunge into the trap of assumption. With great intent, he laid the groundwork for what he considered the heart of empowerment-team-building, family, and community. He praised the need for energy, commitment, and passion for production. At what he thought was the appropriate time, he asked the group of 40 managers the simple question on which he was to ground his entire talk: "What is the vision of your company?" No one raised a hand. The speaker thought they might be shy, so he gently encouraged them. The room grew deadly silent. Everyone was looking at everyone else, and he had a sinking sensation in his stomach. "Your company does have a vision, doesn't it?" he asked. A few people shrugged, and a few shook their heads. He was dumbfounded. How could any group or individual strive toward greatness and mastery without a vision? That's exactly the point. They can't. They can maintain, they can survive; but they can't expect to achieve greatness. Mapes (1991) SKY Magazine Vision is a widely used term, but not well understood. Perhaps leaders don't understand what vision is, or why it is important. One strategic leader is quoted as saying, "I've come to believe that we need a vision to guide...
Words: 5452 - Pages: 22
