...maximize world production C. minimize debt D. minimize the cost of doing business globally 3. When a firm operates globally it offers advantages such as A. greater political power at home B. bless taxes on its profits C. greater negotiating power with foreign minority groups D. greater negotiating power with labor unions 4. The prime transmitter of global competitive forces is the A. public utility firm B. financial management experience of the U.S. markets C. the multinational corporation D. the Federal Reserve System of the U.S. 5. Which of the following is an example of reverse foreign investment? A. Honda builds a factory in Ohio B. Apple builds a plant in Ireland that exports to the United States C. British Telecom issues new stock in the United States D. American investors buy shares in Sony 6. Which of the following theories identifies specialization as the main reason for international business activity? A. Product life cycle theory of international trade B. theory of diversification C. doctrine of comparative advantage D. theory of globalization 7. According to the capital asset pricing model A. only the systematic component of risk affects the required return B. foreign investments whose returns are uncorrelated with the market's return should have a higher required return than comparable domestic investments C. total risk of the investment is most relevant for small to medium-sized firms D. diversification is secondary to...
Words: 2249 - Pages: 9
...through financial system Financial system: the system of financial markets and financial intermediaries through which firms acquire funds from households. Economics growth is impossible without a well-functioning financial system. Financial markets: markets where financial securities, such as stocks and bonds, are bought and sold. A financial security is a document that states the terms under which funds pass from the buyers of the security (the lender) to the seller (the borrower). One type of financial market is the stock market. Stock: a financial security that represents partial ownership of a firm. Firms can raise funds by selling shakes of stock in a primary market. The original buyers of stocks may resell them in a secondary market, where most daily trading takes place. While shareholders may receive dividends (portions of a firm’s profits) from stocks, most people purchase stocks for the potential capital gains from selling a stock for more that they can paid for it. Firms do not receive funds from transactions （交易） in secondary markets. Another type of financial market is the bond market. Bond: a financial security that represents a promise to repay a fixed amount of funds Firms and governments running budget deficits (spending more than they receive in tax revenue) can borrow funds by selling bonds in a primary market. The seller of the bond promises to pay the buyer of the bond an interest payment each year for the term of the bond as well as a final payment...
Words: 2794 - Pages: 12
...reliable etiquettes that all managers comprised in the recruitment process are in accord with. The job depiction should be revisited as well as amended as essential before recruitment activity starts. All people implicated in the recruitment procedure need to recognizable with what is invariable for a candidate to have to be triumphant in the position. The employer needs to augment their candidate pool. It is good for the employer not to discount home trained candidates other identified guidelines to engage in efficient recruiting comprise the employer inquiring about the right queries. It is good for the employer to validate the right choice as well as closing the circle with candidates that the employer has opted not to go ahead. Menon also states that according to the guidelines concerning retaining of qualified employees. It is good for the employer to understand as well as...
Words: 1544 - Pages: 7
...The Tyrannic Government Orwell Warns About The well being of a population depends on the conduct of a justified government, where decisions are made based on what would benefit the citizens. Their purpose in a civilization is to implement laws, promote ethics, and provide facilities and institutions to satisfy the basic needs of their people. Most importantly, a justified government will tend to the desires of the majority of a population to the best of their ability, by taking in consideration consequences and feelings. Opposite of a fair society, George Orwell, predicted a future in 1984 where life is a depressing trial for citizens in the dystopian civilization of Oceania. Manipulated by propaganda, irrational enforcements of policies, infinite surveillance, and revision of the past leads civilians feeble to the oppression of their government. They are governed by a potentially fictional dictator, whom they address as “Big Brother.” The citizens fear him and adore him. Although, Orwell’s predictions for modern culture after World War Two may seem drastic and extreme, it has been evident that the inhabitants of our world currently mimic the ignorance of the party members in Orwell’s vision. In the patriotic nation of the United States of America, the rights and freedoms of their citizens are disregarded in ways that are undetected by majority of the population. If we are consistently warned about our future by thinkers such as George Orwell, how do governments remain in...
Words: 2284 - Pages: 10
...entrepreneurial success and social responsibility are not mutually exclusive. The entire company policy is therefore designed to sustainability. It puts particular emphasis in the areas of market, employees, the environment and society. HUK-COBURG Insurance Group With more than nine million customers, the HUK-COBURG insurance group sees as the major insurers for the household. Premium income and savings contributions HUK-COBURG-building society in 2010 totaled 5.2 billion euros. Traditional focus of the business is motor insurance, which accounted for nearly half of the premium income. With well over eight million uninsured motor vehicles is the group of companies of the largest German car insurers. In the private liability insurance as well as in the home insurance it occupies the number two in Germany. Of particular importance for the HUK-COBURG insurance group traditionally the members of the civil service. Four million of its 9.7 million customers count on him, which means the HUK-COBURG insurance group and the largest German officials insurer. investment - Responsible behavior on the market in late 2010, the investments of HUK-COBURG Insurance Group amounted to 24.3 billion euros. In its investment policy, the insurer takes into account ethical, social and environmental aspects. The company invests primarily in interest-bearing securities of established banks and highly developed States or local authorities. About 80 percent of the shares held by the companies of HUK-COBURG...
Words: 1500 - Pages: 6
...Ceremony of my friend Nneka Ochonogor, it took place in Asaba, Delta State Nigeria, on the 23rd of March, 2013. It was a memorable event because there was a cross match of Cultures and ideas, owing to the fact that the groom was not a Nigerian, compared to the bride who was. The event was attended by the family of the groom, who came all the way from England. The parents of the groom had to be dressed in the usual traditional attire, fit for the traditional rites, though It was a struggle to have the head gear of the grooms mother in place because it kept going off at intervals owing to the size of her head.After the traditional rites (payment of dowry) the bride was unveiled as the tradition demands, prayers were said by the oldest man in the bride’s family and it was all merriment and dance. The grand reception was held in a hall(Orchid Hotel) in Asaba and I had the opportunity to witness an opulent and electrifying decoration by one of the best Event Planners from Abuja Nigeria(Red Diamond Events) There was so much class and elegance, the hall was a masterpiece and I felt and imagined it was my big day. Guests were treated to several variety of meals, spanning from Traditional mouth watering soups to Western cuisines. There was a standby live band, the groom had to learn a few steps on the dance floor to the admiration of guests and family. Interestingly, I got to understand the bride had been alternating his meals with our local dish, preparing him for his big day,...
Words: 2199 - Pages: 9
...after World War II, initially by six Western European countries, to foster interdependence and make another war in Europe unthinkable. Today, the EU is composed of 27 member states, including most of the countries of Central and Eastern Europe, and has helped to promote peace, stability, and economic prosperity throughout the European continent. The EU has been built through a series of binding treaties, and over the years, EU member states have sought to harmonize laws and adopt common policies on an increasing number of economic, social, and political issues. EU member states share a customs union, a single market in which goods, people, and capital move freely, a common trade policy, and a common agricultural policy. Seventeen EU member states use a common currency (the euro). In addition, the EU has been developing a Common Foreign and Security Policy (CFSP), which includes a Common Security and Defense Policy (CSDP), and pursuing cooperation in the area of Justice and Home Affairs (JHA) to forge common internal security measures. EU member states work together through common institutions to set policy and to promote their collective interests. Key EU institutions include the European Council, composed of EU Heads of State or Government, which acts as the strategic guide and driving force for EU policy; the European Commission, which upholds the common interest of the Union...
Words: 8592 - Pages: 35
..._ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 400. 360 40 .90 .8 .10 .2 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 500. 440 60 .88 .8 .12 .2 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 600. 520 80 .87 .8 .13 .2 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 700. 600 100 .86 .8 .14 .2 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ [pic] [pic] Given the graphs below, calculate the change in government spending that is needed for this economy to achieve full employment. [pic] 1. MPC = ___change in C / change in income = 75/100 = .75___ 2. MPS = __change in S...
Words: 9546 - Pages: 39
...Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by various events, such as a financial crisis, an external trade shock, an adverse supply shock or the bursting of an economic bubble. Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation. Definition In a 1975 New York Times article, economic statistician Julius Shiskin suggested several rules of thumb for defining a recession, one of which was two down consecutive quarters of GDP.[3] In time, the other rules of thumb were forgotten. Some economists prefer a definition of a 1.5% rise in unemployment within 12 months.[4] In the United States, the Business Cycle Dating Committee of the National Bureau of Economic Research (NBER) is generally seen as the authority for dating US recessions. The NBER defines an economic recession as: "a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales."[5] Almost universally, academics, economists, policy makers, and businesses defer to the determination by the NBER for the precise dating of a recession's onset and end. In the United Kingdom, recessions are generally defined as two consecutive quarters of negative economic growth, as measured by the seasonal...
Words: 3886 - Pages: 16
...head of government to be elected by the people (not counting the election of 1993, won by Chief Moshood Abiola but later annulled). Nigerians greeted the transition from military to civilian rule with widespread jubilation as they looked forward to a new era of stability, peace, and prosperity. Nigerians had good reason to be optimistic about the future. After all, Obasanjo assumed the presidency with an avowed commitment to combating many of the ills that plagued the country. His pronouncements before and after his election suggested that he intended to follow through on this platform, bridging the cleavages between ethnic and religious groups, and guiding the country through the process of democratization. The general public's expectation was that the country's return to democratic governance would lead to the restoration of freedoms lost under the previous regimes. Nearly seven years later, it is worth examining Obasanjo's efforts to establish a new order. A reflection of sorts took place when 40 Nigerians and other experts on the country attended a conference at the Kennedy School at Harvard in December 2002. They expressed their profound distress at the parlous state of Nigeria's democracy. Conference participants identified and suggested possible resolutions to Nigeria's nine critical governance problems: overcentralization, lack of transparency, lack of economic diversification, corruption, the sharia (imposition of Islamic law), lack of human security, human rights...
Words: 2898 - Pages: 12
...boundaries of each theory of international relations and encompasses the political, social, and economic aspects of the causes of war.<!–[if !supportFootnotes]–>[2]<!–[endif]–> Marxist theory applied in conjunction with the ‘three levels’ of analysis, which are, the individual, the state, and the international system, is relevant and significant to the study of international relations. In particular, Marxism as an analytical tool has been able to evolve within and adapt to the altering environment of international relations, especially with concerns to global conflict. An examination of Marxism, from its rudimentary forms and its progression into its modern day applications proves that Marxism offers an extremely viable basis for analysing the causes of war. Marxism accepts that capitalism, hence, the capitalist mode of production gives birth to two classes in society, the owning bourgeoisie and the working proletariat, which are inherently antagonistic towards each other’s existence and prone to class conflict. Also, the capitalist states represents the interests of the bourgeoisie, and as the ruling class, the bourgeoisie controls the means of production, which is basically the states material power and economic foundations. Marxists embrace the materialist conception of history, which puts forth the idea that historically crisis and change between classes are inevitable; capitalism is just a means to society’s economic development and socialism as opposed to capitalism...
Words: 2232 - Pages: 9
...countries, globalization has played an extremely important role in relation of enhancing employment. Given these points, globalization has enhanced employment and salaries in emerging nations mainly because of inflows of foreign investment or rises in the price of an emerging nation's export products. Introduction First of all, the primary reason and result of globalization is worldwide trade, which has increased significantly. An increasing trade has frequently been followed by greater financial advance, though not in all cases. The correlation between globalization and employment is of rising importance to policy makers in developing countries, but it is challenging to examine both hypothetically and empirically. Globalization is a multi-faceted phenomenon, and each facet may have distinct outcomes on employment, changing by time, industry, country, and policies. The notion of globalization has been rising since 1980’s almost in all emerging economies and it has become a very disputed topic in the past years. The world has...
Words: 2989 - Pages: 12
...constructing the modern building projects. Needless to say, their significant achievement in economic social development has brought them opportunities to become one of the most stable economies in the world regardless of a limited space and sacred natural resources. Singapore is among the countries that has the lowest rate of unemployment, highest adequate living conditions and social pension, and fastest economic growth in Asia. Furthermore, it is also well known for the green environment and energy efficiency. Although Singapore is believed to be a clear example of how a utopian plan has improved human development, there are critics argue that its government is directing people in an oppressive setting through a so called utopia and that there is lack of innovation in a too stable economic organization. The rigid of the government system has resulted in the lack of social justice about which people do not have choices and opportunities for self-development....
Words: 3276 - Pages: 14
...acquire stake in a firm, and sell it, if they need access to their savings or if they want to alter their portfolio. At the same time, it allows firms to raise permanent capital for asset creation. By incorporating information about future earnings potential in current stock prices, the equity market also serves as a barometer to the state of the economy. This makes the equity market an important constituent of financial markets. In emerging countries, equity market plays an even more important role in economic development. In many emerging markets, firms would need large quantum of fund to expand and be able to pursue the prevalent high growth rates. Equity market is the only liquid financial market in many emerging countries and hence its role in economic development can not be overemphasized. In addition, world over, financial markets are getting less insular. The investors in developed countries are seeking investment opportunities beyond the confines of their domestic economy to enhance return and diversify risks. The investment in stock involves many risks. The investor has to know the exact time to buy and sell a security. The investors have to carry analysis before investing in any stocks. Most of the investors are unaware about the analysis to be carried out before investing. The study involves analysis of earnings per share, price to earnings and analysis of risk through beta value, of the banks in equity market. Technical analysis helps the investor...
Words: 12842 - Pages: 52
...Lyceum of the Philippines University - Batangas Graduate School | Employment Rights | Trends and Issues | | Ma Chere Gracita C. Reyes-Bilog | 04/25/2015 | Name: Ma Chere Gracita C. Reyes-Bilog C/Y/S: Masters in Business Administration S/T/R/D: MBA 518 / 1-4 PM / SHL 203 / Sat Professor: Dr. Leon R. Ramos, Jr. | Abstract Objectives: A. Cognitive: Identify the different rights of an employee. B. Affective: Develop a better understanding of the rights of the employee. C. Psychomotor: Apply the concepts to real-life situations and work conditions and be guided by the knowledge acquired in developing good corporate governance policies relating the rights of the employees. Definition of terms: Authorized Causes refers to the grounds of dismissal s to the grounds of dismissal that are allowed by law on grounds of business or organizational necessity (Atienza, 2004). Casual Employment refers employment which is neither regular, nor for a fixed period nor seasonal (Labor Code). It is one where an employee is engaged to perform a job, work or service which is merely incidental to the business of the employer, and such ob, work or service, is for a definite period made known to the employer at the time of the employment (Omnibus Rules Implementing the Labor Code). Constitution refers to the standard of validity for all acts, both public and private. It is a written instrument that serves as the fundamental or supreme law of the land (Carmelo...
Words: 5641 - Pages: 23
