...Analyze Domestic DAL MILL PLANT Products Price Tendency: Northeast of China, as China's main corn producing area, has almost no surplus grains for selling. So its grain source may have a big gap. Meanwhile, the dal mill plant products, such as starch and alcohol, keep a low price and this makes the production rate keep 50% below. Corn down-stream products supply decrease and this speeds up the price rising of the dal mill plant products. Recently, America encountered serious draught, which affected the corn yield. And some farmers harvested the corn in advance and sold the corn as thin margins feed for animals. Even if it rained later, but the yield had already been affected a lot. Corn prices keep increasing in the future, and this will affect DAL MILL PLANT PRODUCTS prices. As we know that, changes on one factor always affect other related factors. Let's observe attentively. Only by this , can we seive the oppertunity and create more benefits with the lowest cost. Win Tone Takes the Lead in Dal mill plant industry of Shenyang Agricultural Machinery Exhibition A few days ago, Win Tone sales elites returned in triumph from the Shenyang Agricultural Machinery Exhibition. In this exhibition, Win Tone became the bright spot among so many corn machinery manufacturers in the dal mill plant industry by its high qualified products and proven techniques. As we know, the three provinces in the northeast of China are the main provinces for agricultural machinery manufacturing...
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...continues to heat up to China's economy will surely caused significant effects that have positive and negative. When the rise in house prices range in control and its influence will when outweigh the costs, conversely when house prices do not control, its influence will do more harm than good. Introduction Real estate prices question has been one of the important bothers Chinese governments, in my personal view, China's real estate prices continued to raise a few reasons. Was the total population growth, income level, continue to improve, housing costs rising prices, housing loan stimulation, rising expectations, etc. These reasons have been plagued by domestic real estate researchers, real estate prices also leads to national many influence. Its positive influence is can promote economic growth and increase GDP; Negative influence is can lead to inflation, expand the gap between rich and poor. 3.0 Research Methodology Choosing the topic and search the information on the Internet Neatening up the information I search from the Internet Collecting the data Making conclusions Analyzing the reasons by myself Coming up with the solutions of the problems Writing the report 4.0 Main body As is known to all, recent 10 years house prices have plagued the government of China and national. The continued rise in house prices to common people bring heavy life burden, "humble abode" phenomenon has become a very common thing. Since 2005, real estate problem has...
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...Community, the interest in exports increased significantly. After the study of the market reach, Arcelik decided upon Western Europe as being the most appropriate to start international business. An added dimension was to learn from a healthy competition from the joint venture of the German giants Bosch & Siemens. Since the Turkish Government has already reduced the import tariff interest to nil, Arcelik’s domestic market was vulnerable to competition from Bosch & Siemens-the largest household appliance makers in Western Europe and Germany. Arcelik’s most successful European market-United Kingdom- was established in 1989. This was chosen keeping in mind that UK was a price sensitive market with no domestic domination, thus empowering Arcelik with the opportunity to capture market share through volatile consumer purchasing power. The lack of domestic brand dominance provided a chance for Arcelik to establish customer-base and loyalty by providing good quality appliances at cheaper prices. Two-thirds of the refrigerator sales attributed to table-top refrigerators. The retail prices (including taxes) for these were £150, and on sales in 1997 of approximately 200,000 units would yield revenue around 30mn. After an expenditure on advertising 0.6mn, Arcelik is expected to gain deeper penetration than the current 8% in 1996. Turkey By 1996 Arcelik, in Turkey, had already established a fair share in the market of white goods. In 1992-96, there was a 21% increase in demand irrespective...
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...some storage pressure force majeure will allow food store's profits, so when the State Reserve force recently acquired wheat actively send food storage is the best choice. From nearly two years of milling enterprises' survival environment, this year's milling industry is still in a period of adjustment of the industry, the market is still shrinking, if future acquisitions weakened State Reserve, or the close of the acquisition, the domestic wheat market the lack of strong demand for the subject, prices rose difficult. From this year all over the feedback information can be seen, the supply of good quality wheat market this year is obviously insufficient, so good grain future prices must have room to rise, but the magnitude is not particularly large, sub-grain is concerned, although the recent price is not high, but still not recommended to continue to exist, because the second impurity grain itself, the more difficult long-term preservation, the next time the price of wheat rose difficult, and may even be reduced. Overall, this year's domestic wheat market...
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...America? Write a 1-2 page summary for each. It’s due in one week. Please bring a hardcopy to class. Why Some Countries and Cities Are So Much More Expensive Than Others By Derek Thompson The Atlantic Magazine Our special report on the world of prices wouldn't be complete without asking, and trying to answer, a big, and surprisingly complex, question: How do pricey countries get that way? [pic] Reuters ChinaZenaide Muneton is a nanny in New York City. Last year, she made more than $200,000, Planet Money reports. Yes, with five zeros. How in the world can Manhattan nannies be worth $200,000 a year? One answer is that they're more talented than your typical babysitter. The highest-paid nannies can cook four-course macrobiotic meals and know their way around a Zamboni (those are actual examples of nanny skills). But the number-one reason why nannies in Manhattan can get paid $200,000 is very simple. Rich families can afford it. And in the market for locally-delivered services, like caring for a child, prices rise as high as the clientele can afford to pay. What $200,000 nannies have to do with the price of tea in Six-figure nannies don't rule the world, but they help explain the world of prices. On a global scale, the price of locally-delivered services, such as nannies and barbers, fluctuate wildly from country to country. A simple haircut in Uzbekistan is much, much cheaper than a simple haircut in Beverly Hills. But lots of goods can be bought and enjoyed thousands of...
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...in the world. In 2014, more than 2.3 billion pounds, equivalent to more than 1 million metric tons, of strawberries were harvested. This accounts for 88% of the nation’s strawberry production. Despite recent shrinking strawberry acreage, California continues as the leading strawberry producing region in the world and is expected to supply over 79% of the volume consumed in the U.S in 2016. Due to its coastal climate, moderate temperature and rich soil, California is capable of producing strawberries year-round with peak crop harvest availability between April and July. It should be noted that California’s ability to maintain its current production volume, competitive prices and market share is threatened by an ongoing 4 year drought, lacking labour force and shrinking acreage due to increasing production prices and regulatory restrictions. Strawberries are very delicate non-climacteric fruits, which means that they must be hand-picked from the vine when they are ripe and they cannot be stored for a long time, which...
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...Alcohol pricing: Mulled whines | The Economist http://www.economist.com/node/21591878/print Alcohol pricing Mulled whines People are drinking less but doing so more harmfully. Policymakers want higher prices—causing a headache for the booze industry Dec 21st 2013 | From the print edition BY DAY tourists flock to Plaza de España in central Madrid to snap photos beside the sculpture of Miguel de Cervantes, author of “Don Quixote”. By night a newer facet of Spanish culture is on display: loitering groups of young people downing plastic bottles of whisky and vodka mixed with Fanta Lemon. The ground is littered with empties. Nearby, three young men help a friend vomiting on the pavement. Such carousing was once rare in Spain. A Mediterranean drinking culture prevailed in which alcohol was taken only with food. That is changing. In Spain and many other rich countries, alcohol intake is becoming a bigger problem—for some groups. Overall, the global consumption of alcohol has been stable since 1990, according to the World Health Organisation. Around half of the planet’s population is teetotal. But those who drink alcohol do so more hazardously. Policymakers are looking for ways to address this. A new and much-watched experiment in Scotland, for example, involves setting a minimum price for each unit of alcohol. Individual consumption peaked in Spain in 1975 but young people are increasingly indulging in the botellón, (literally “big bottle”): drinking outdoors to get drunk. In France...
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...7.8 The Hecksher-Ohlin proposition is, simply put, two countries producing two goods and having two factors of production (2*2*2). The differences between the countries’ factor endowments result in comparative advantages when trading, assuming universal production technology and no trade restrictions. What’s also assumed is a CRS production, perfect competition and an equal demand in the the two countries. Looking at the export statistics from 1998 and more recent years, and comparing the countries of Turkey and Sweden, the goal is to decide whether the export patterns are in accordance with the Hecksher-Ohlin theorem. We chose to look at these two countries because, when looking at the excel file with differences in resources used for production, there was a big difference between Sweden and Turkey. Because of this, we thought it would be good economies for showing the differences when it comes to what and why a country uses what it does, in terms of resources, when producing. According to the data on the exports from countries from 1998, there is quite a large difference between Sweden and Turkey in terms of what kind of resources the products they export use. Turkey’s biggest export was unskilled labor intensive products, whilst Sweden mostly exported technology and human-capital intensive products. Looking at the table on the bottom of the page, one can see how big of a difference there is between Sweden and Turkey when it comes to the difference in resources used...
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...GEZ PETROL STATION: USING COST-VOLUME-PROFIT ANALYSIS FOR PLANNING By KU NOR IZAH KU ISMAIL (Corresponding author) School of Accountancy UUM College of Business Universiti Utara Malaysia E-mail: norizah@uum.edu.my Tel: 04-9283906 And WAN NORDIN WAN HUSSIN Othman Yeop Abdullah Graduate School of Business Universiti Utara Malaysia GEZ PETROL STATION: USING COST-VOLUME-PROFIT ANALYSIS FOR PLANNING INTRODUCTION As an Area Manager of GEZ Berhad, a major oil company in Malaysia, in 2011, Mr Aiman was responsible for directing the sales activities of more than twenty petrol stations in the northern region of Malaysia. He was also responsible to train petrol station dealers and staff, initiate sales promotion and implement key initiatives to improve sales. Despite being a stable business with continuous increase in vehicles, often times, petrol station operators faced with the difficulty of sustaining the business, leading to the termination of the dealership license. The lack of knowledge in finance and costing, among others, contributed to business failures. Realising the importance of management accounting concepts and tools such as cost allocation and CVP analysis, Mr Aiman believed that the dealers and their relevant staff should have the knowledge in cost accounting. They should be able to differentiate between variable and fixed expenses, prepare a financial statement and perform a cost-volume-profit (CVP) analysis. To help the dealers perform the CVP...
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...himself to English-language books but is working on a language translation option as well. The purpose of this paper is to create a business proposal to improve the existing goods and services for Will Bury’s new product. In this paper the subject to discuss is profit-maximizing and increasing revenue. Marginal cost, marginal revenue, credit markets, and the unemployment rate are briefly covered. Additional sections will discuss pricing and non-pricing strategy, barriers to entry, product differentiation, and minimizing cost. Business Proposal Profit-Maximizing and Increasing Revenue Profit-maximizing quantity is figured by determining if the product is considered price-elastic or in-elastic. If demand is elastic, a decrease in price will increase total revenue. Conversely, a price increase will decrease total revenue for a product that has in-elastic demand. Bury can...
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...similar, sensitivity to bodily functions does vary across cultures. In certain areas it might be progressive to show an ad with a male changing a diaper in some countries, in other countries this message could be lost or misinterpreted, therefore advertising strategies have to change. While local demand and price elasticity decisions should play an important role in Brazil, pricing should not be left solely to the discretion of the local managers. Since this is a global business, your firm will likely be competing in Brazil with some of the same competitors as elsewhere. 2) I do agree with this statement, more global consumer markets are likely emerge, but in the other hand there will continue to be national distinctions for many products. 3) In my opinion the firm should sell to either wholesalers or import agents, because the retail system in India is very fragmented and it would be very expensive for the firm to make contact with each individual retailer and therefore this would be less expensive. 4) This statement is not correct, when a firm is pricing lower in a foreign country than it is in its domestic market, it can be difficult to distinguish dumping from price discrimination unless it is clear that the firm is selling at below cost in the foreign market. 5) This is a lack of cooperation between the various groups, which results in decreased revenue, unsatisfied customers, and low quality products. The firm needs to establish cross-functional coordination...
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...account. Nonetheless, it is sometimes important to do the general equilibrium analysis. In Chapter 6 we presented a brief discussion of the effects of tariffs in general equilibrium. This appendix presents a more detailed analysis. The analysis proceeds in two stages. First, we analyze the effects of a tariff in a small country, one that cannot affect its terms of trade; then we analyze the case of a large country. A Tariff in a Small Country Imagine a country that produces and consumes two goods, manufactures and food. The country is small, unable to affect its terms of trade; we will assume that it exports manufactures and imports food. Thus the country sells its manufactures to the world market at a given world price P * and buys food at a given world price P * . M F Figure 1 illustrates the position of this country in the absence of a tariff. The economy produces at the point on its production possibility frontier that is tangent to a line with slope -P * >P * , indicated by Q 1. This line also defines the economy’s budget constraint, M F that is, all the consumption points it can afford. The economy chooses the point on the budget constraint that is tangent to the highest possible indifference curve; this point is shown as D 1. Figure 1 Free Trade Equilibrium for a Small Country The country produces at the point on its production frontier that is tangent to a line whose slope equals...
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...CHAPTER 23: TRANSFER PRICING Chapter Contents: - Definition and Overview - Transfer Pricing Options - Market-based Transfer Prices - Cost-based Transfer Prices - Negotiated Transfer Prices - Survey of Practice - External Reporting - Dual Transfer Pricing - Transfer Pricing and Multinational Income Taxes - Other Regulatory Issues Definition and Overview: A transfer price is what one part of a company charges another part of the same company for goods or services. In the excerpt from Casablanca, Rick apparently loaned Ferrari 100 cartons of cigarettes for which he was never repaid. Now that Ferrari owns both the Blue Parrot and Rick’s Café, he jokes about the fact that what was previously a debt that he owed to Rick, is now a “debt” from one nightclub that he owns to another nightclub that he owns. If Ferrari continues to transfer cartons of cigarettes between the two clubs, he might wish to establish a “transfer price” for cigarettes, but knowing Ferrari, he won’t bother. We will restrict attention to transfers that involve a tangible product, and we will refer to the two corporate entities engaged in the transfer as divisions. Hence, the transfer price is the price that the “selling” division charges the “buying” division for the product. Because objects that float usually flow downstream, the selling division is called the upstream division and the buying division is called the downstream division...
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...Addila Bt Noor Ariff Nur Azlinda Bt A.Azaman Norliza Bt P P Mohamed • 2. AGENDA• INTRODUCTION• MANAGEMENT CONSTRAINT• COMPETITION• UNPROFITABLE ROUTES• INCREASED IN FUEL PRICE• MAINTENANCE COST• RECOMMENDATION • 3. INTRODUCTION• 1994- Privatized 32% controlling stake to Tajuddin Ramli through Naluri Berhad• 1998- Asian Financial Crisis MAS faced substantial losses• 2005- MAS reported loss RM1.3b• 1 Dec 2005- Idris Jala became CEO of MAS• 27 Feb 2006 - BTP 1 was announced • Action taken by management(Government intervention (Constrained freely changing destination, routes and pricing (4. 1. MANAGEMENT CONSTRAINT • 5. Constrained Freely ChangingDestination, Routes And Pricing • MAS suffered high losses due to poor management & fuel price increases. • MAS operations were identified as the causes of the RM1.3 billion loss are: – Escalating fuel prices – Increased maintenance and repair costs – Staff costs – Low yield per available seat kilometre • 6. Government Intervention • Transformation Programme: - Widespread Asset Unbundling (WAU) RM7bil in debt were shifted to Penerbangan Malaysia Berhad (PMB) - Government Linked Corporation (GLC) BTP is also part of the GLC which aims to make all GLCs more successful. • 7. Action Taken By The Management • Increased domestic price • Major cost reductions were made • Improve MAS network • New low cost community airline • Malaysia’s first commuter airline was launched • 8. 2. COMPETITIONLOCAL AND...
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...rationalizing the pricing mechanisms in order to encourage efficient consumption as well as efficient and adequate souring of the commodity. Imports will be a significant component of the fuel and feedstock price basket for new power and fertilizer customers, and these two sectors will continue to anchor the growth of a country gas grid. Under the circumstances, pooled price of natural gas in India may be in the larger interest of the consumers, and also benefit the market development of natural gas in this country. Power and Fertilizer constitutes approximately 62% of the total demand for natural gas in the country. Attaining a single benchmark price for natural gas will bring stability in the varying gas price which in turn will bring stability across various projects. A large upsurge in gas demand is foreseen in the future, to meet the unmet and latent demand, as Well as the future energy needs. Gas is necessary not only a clean fuel, but also will make up for the significant shortfalls between demand and supply of energy in the country. The government has made a big leap forward by increasing APM prices directly to USD 4.2/MBtu, creating a reference price representing currently to an estimated two thirds of gas supplies. Additional changes may happen. The idea of pooling gas prices is still under study. Briefing pool pricing mechanism: The Indian gas market needs to...
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