...Homework Chapter 3 Questions 1. Utah Bank’s bid price for Canadian dollars is $.7938 and its ask price is $.81. What is the bid/ask percentage spread? 2. Of what use is a forward contract to an MNC? 3. If a euro is worth $.80, what is the value of a dollar in euros? 4. What is the function of the Eurocurrency market? 5. Why do interest rates vary among countries? Why are interest rates similar for those European countries that use the euro as their currency? Small Business Dilemma Use of the Foreign Exchange Markets by the Sports Exports Company (see textbook, 8th edition) Chapter 4 Questions 1. Assume that the U.S. inflation rate becomes high relative to Canadian inflation. Other things being equal, how should this affect the (a) U.S. demand for Canadian dollars, (b) supply of Canadian dollars for sale, and (c) equilibrium value of the Canadian dollar? 2. Assume that the U.S. income level rises at a much higher degree than does the Canadian income level. Other things being equal, how should this affect the (a) U.S. demand for Canadian dollars, (b) supply of Canadian dollars for sale, and (c) equilibrium value of the Canadian dollar? 3. What is the expected relationship between the relative real interest rates of two countries and the exchange rate of their currencies? 4. Explain why a public forecast by a respected economist about future interest rates could affect the value of the dollar today. Why do some forecasts by well respected economists have no...
Words: 3879 - Pages: 16
...3. Which theories of international business apply to Blades plc in the short run? In the long run? There are some theories mentioned that if Blades plc want apply their business in international market. In the short run, the comparative advantages theory, imperfect market theory, and product cycle theory can looking for some competitors or advantages in other market. If Blades plc chooses Thailand to importing rubber or plastic to produce the roller blades, it will more cheaply because the prices in Thailand are cheaper than other country. It also can reduce our cost and help us earn more profit. The company also can export their product to Thailand because if the roller blades also can sold in Thailand it mean that here also got competitors and the imperfect market theory still can apply Blades in the short run market. In Thailand, their economy just getting started, so Blades believe that they can do the business in that market and earn more profit, because if got the competitor, it identification that Thailand have the certain market. In long run, the product cycle theory also applies to Blades. Since the sales in United Kingdom are declining, Blades make their goal to Thailand and hope can establish a subsidiary in there, if successes make a subsidiary in there Blades can take some advantages of entering other new market to sell the roller blades. If the sales in United Kingdom not rebound, Blades can establish a subsidiary in Thailand and be the first roller blades manufactured...
Words: 319 - Pages: 2
...implement those quality management processes within Walmart and J. B. Hunt Transportation. Stakeholder Role By definition a stakeholder is “one that has a stake in an enterprise” (Merriam-Webster, 2013, p. 1). Stakeholders are individuals or groups that have a direct primary or secondary contol over the actions of a company. Stakeholders are a fundamental part of the development of a company because of his or her role within the company. Stakeholders can have both internal and external roles, for example internal stakeholders are those individauls, such as the board of directors or consumers, employees, and suppliers who provide vital services for an organization (Classic, 2009). External stakeholders are most often any individual who fianaces a company’s operations, government organizations, and the media and which are never occupied with everyday management issues. Many managers, supervisore, and employess as oerform roles that aid the quality management process, for example CEO and upper- management are responsible for planning and creating quality management process. Managers give employees the ability to train and when needed retraining, he or she also give employees vital support and leadership that aid the quality management process (Foster, 2007). Managers also provide employee acknowledgment and methods that support employees who helps garuntee quality process are done correctly (Foster, 2007). Every individual from within an organization is...
Words: 788 - Pages: 4
...Career Development Plan IV- Compensation HRM 09-20-2020 William Young Career Development Plan IV- Compensation The most important thing outside of training to an employee is compensation. Having the appropriate compensation package is critical to the productivity of any sales team member. With the new changes being made throughout InterClean and creating a business that will be prosperous and around for a long period of time to bring the resources need to the industry, we have tried to create a “power house” sales team that can deliver on all levels of the business. As a company we not only have to deliver in choosing the right talent, providing appropriate training, but we must deliver compensation package that will motivate as well as retain the necessary talent. Over the past 30 years employee benefits have experienced a tremendous upswing in regulations and a downturn in participation and benefits. This is not a coincidence. Heaping well-intended rules on top of each other has produced a cacophony of regulatory nonsense. Even worse, endless regulations have added to employer costs, uncertainty and risks, draining the resources employers would otherwise have devoted to benefits (Morse). In order to compete in today’s market as well as retain talent and it is important that Interclean creates a benefits package that is compatible to today’s industry but in financially sane and manageable to align with the need of Interclean and its stack holders. When creating...
Words: 1056 - Pages: 5
...Non-Profit Community Book Fair Alberto Torres COMM 215 December 12, 2011 Dr.Patterson Non-Profit Community Book Fair Due to the recent decline of the economy, creative thinking needs to be used in order to fund a non-profit, community book festival for Chicago, Illinois. According to CNN Health, (2010), about 21 percent of children in the United States will be living below the poverty line in 2010 because of job losses, through declines in real income and other aspects of family economic well-being. These decreasing family economic indicators will likely impact children's abilities in reading and math, and the deterioration which will likely impact their future. Chicago, with a population of nearly three million people, would be an ideal local to hold a non-profit, community book festival, City of Chicago (2010), Creative thinking, therefore, will become increasingly important to provide reading material for those who would otherwise go without. This could be accomplished through several means including a literacy children's fair, incorporating large and small businesses, and engaging diverse cultures in the Chicago area. Chicago is the third largest city in the United States, after New York City and Los Angeles, with an official population of 2,896,016, as of the 2000 US Census. Chicago has been a center for commerce in the United States for most of its modern history. Today Chicago is considered to be a Prime Accountancy, Advertising and Legal Service Centers...
Words: 1254 - Pages: 6
...1. Introduction: Leitax is a large digital camera manufacturer and it was the seventh largest player in the field of digital camera business in 2004. It is headquartered in Memphis, Tennesse, U.S.A and made a revenue of $423 million in 2002. Leitax was a subsidiary of Newplex, a $22 Billion print, imaging and a consumer electronics company. Leitax was started owing to the large boom period witnessed in the digital camera market in the early 2000’s. It was to become a company that focused on manufacturing and selling of digital cameras in the different geographical regions of the U.S and in the world namely Europe, Middle East and Africa (EMEA) and the Asia Pacific Region (APAC). Leitax was able to sell its cameras through retailers such as Best Buy, CompUSA and Circuit City in U.S.A , Carrefour in Latin America and other retailers in Europe and Asia. In addition to the respected Directors already employed, Leitax further employed Sales Directors to control operations in the Latin American and Canadian regions. Leitax maintained Distribution Centres (DC’s) in Little Rock & Arkansas in the U.S, Amsterdam-Holland in Europe and Hong Kong- China. Manufacturing was undertaken in the plants located in Mexico, Chile and China and then were shipped to the DC’s for resale to the retailers. Leitax on an average had produced and maintained eight camera models in its product portfolio that offered optical zoom, megapixel resolution and internal memory. These cameras were able to the...
Words: 1821 - Pages: 8
...UGANDA LOCAL GOVERNMENTS ASSOCIATION (ULGA) THE NATIONAL BUDGET 2010/2011: IMPLICATIONS FOR THE LOCAL GOVERNMENTS A Presentation by the Ag. Secretary General ULGA, to the State of Nation Platform 2 July 2010 1. INTRODUCTION: The National Budget was presented to the nation by the Minister of Finance, Planning and Economic Development, Hon. Syda Bbumba on Thursday 10th June 2010. ULGA as the representative body for the local governments is carrying out a detailed analysis of the budget. Below are some of the critical issues to note: 2. OVERALL BUDGET PRIORITIES: In line with the National Development Plan (NDP)2010-2015, whose theme is “Growth, Employment and Socio Economic Transformation for Prosperity”. The Budget this year focuses on the following priorities: • Infrastructure development in roads and energy. • Promotion of science, technology and innovation to facilitate value addition and employment. • Enhancing agricultural production and productivity. • Private sector development and • Improving public service delivery. Suffice to note that Decentralization remains the key policy of the NRM Government in implementing the NDP. The spending in local governments is largely aligned to government priorities of Education, Health, Agriculture, Transport, Water and Good Governance. As such, financing the local governments...
Words: 2745 - Pages: 11
...JAGANNATH UNIVERSITY DEPARTMENT OF FINANCE JAGANNATH UNIVERSITY DEPARTMENT OF FINANCE COURSE TITLE Public finance COURSE CODE: 3105 COURSE TITLE Public finance COURSE CODE: 3105 AN ASSIGNMENT ON EFFECTS OF PUBLIC EXPENDITURES ON THE DISTRIBUTION OF INCOME AN ASSIGNMENT ON EFFECTS OF PUBLIC EXPENDITURES ON THE DISTRIBUTION OF INCOME SUBMITTED TO: Ayesha Akhter Lecturer DEPARTMENT OF FINANCE FACULTY OF BUSINESS STUDIES JAGANNATH UNIVERSITY Ayesha Akhter Lecturer DEPARTMENT OF FINANCE FACULTY OF BUSINESS STUDIES JAGANNATH UNIVERSITY SUBMITTED BY: Group-01 DEPARTMENT OF FINANCE JAGANNATH UNIVERSITY Group-01 DEPARTMENT OF FINANCE JAGANNATH UNIVERSITY Name of the group members: SL NO. | NAME | ID NO. | 01 | ROBIUL ISLAM RUBEL | B-120203019 | 02 | MD.ABUL KALAM AZAD | B-120203023 | 03 | LAMIA AKTER | B-120203036 | 04 | ASIF AL SAIF | B-120203139 | 05 | MAHMUDUL HASSAN | B-120203102 | 06 | MOHAMMAD MEHADI HASAN | B-120203097 | 07 | ROMANA AKTER PRIA | B-120203059 | 08 | MITHUN KUMER | B-120203041 | 09 | MD.ABU SAYED | B-120203026 | 10 | MOHAMMAD RUHUL AMIN | B-120203062 | TABLE OF CONTENTS SL. NO...
Words: 8026 - Pages: 33
...A PROJECT REPORT ON MANPOWER PLANNING OF EMPLOYEES AT HMT LTD, TRACTOR BUSINESS GROUP, PINJORE IN PARTIAL FULFILMENT OF THE REQUIREMENT FOR THE AWARD OF DEGREE OF MASTER OF BUSINESS ADMINISTRATION (MBA) 2009-2011 SUPERVISED BY: SUBMITTED BY: Mr. Kanwal Verma Khushbu Dayal Manager Personnel HMT Ltd, Pinjore ICL Institute of Engineering and Technology, Sountli ACKNOWLEDGEMENT I am indebted to HMT Ltd, Tractor Business Group, Pinjore for providing me an opportunity to undertake summer training with them and able to work on this project. It is a matter of great privilege for me to acknowledge my sincere gratitude and ineptness to my modest, gracious, eminent supervisor Mr. Kanwal Verma, Manager Personnel for his keen interest, valuable guidance, constant encouragement, enthusiastic involvement, constructive criticism and appreciation during the work, which hopefully I have inherited, has left an indelible impression in my mind and soul. With profound regards, I express my heartfelt gratitude and most sincere thanks to Mr.Kanwal Verma, Manager Personnel, Mr.Rajender Kumar HR Manager, Mr. V.K. Grover AGM(TC) and all the employees of Personnel Department...
Words: 8418 - Pages: 34
...National University of Modern Languages Institute of Business & Finance Department of Accounts & Finance Lahore Campus Final Thesis on CORPORATE SOCIAL RESPONSIBILITY AND EMPLOYEE BEHAVIOUR SUBMITTED BY: STUDENT NAME Roll No. BS (Accounts& Finance) Honors Session from ----- to -------- Thesis Report on Computer Marketing Company National University of Modern Languages Faculty of Management and Science It is hereby certified that the report has been thoroughly and carefully read and recommend to the Faculty of Management and Science for acceptance of final thesis report by name & registration #. Session (August-13 to July-14) Morning.In partial fulfillment of the requirement for the degree of B.S. (Accounting and Finance) of National University of Modern Languages Lahore. Date: 16-Oct-14 Supervisor name: Supervisor Signature: Plane Member Name: Plane Member Signature: Head of Department: Letter of Transmittal Head of Accounting & Finance Department, National University of Modern Languages, IBF Campus, Lahore. Dear Sir/Madam; It is to present you the thesis report which is executed at Computer Marketing Company as required by the university as a degree requirement for B.S. (Accounting and Finance) program. This report has been prepared in accordance with the guidelines issued by the department. It is the result of my first professional experience. This is a partial...
Words: 8706 - Pages: 35
...Internship report on Retail Banking Unit & Performance Evaluation of IFIC Bank PREPARED BY Tamanna Lutfa BRAC Business School Internship report on Retail Banking Unit & Performance Evaluation of IFIC Bank Ltd. Submitted By Tamanna Lutfa ID: 07204012 Submitted To Mr. Abdul Alim Baser Lecturer BRAC Business School BRAC University S U B M I S S I O N D A T E: DECEMBER 2 7, 2 0 1 1 Letter of Transmittal 27th December, 2011 To Abdul Alim Baser Lecturer BRAC University Subject: Submission of internship report on Retail Banking Unit & Performance Evaluation of International Finance Investment & Commerce Bank Ltd. (IFIC) Dear Sir, It gives me enormous pleasure to submit the internship report on “Retail Banking Unit & Performance Evaluation of IFIC Bank Ltd”. I expect this report to be informative as well as comprehensive. While conducting the report, I have gathered lots of knowledge about retail credit and many unknown facts, problems and prospects of retail or consumer lending on different banks like Prime Bank, Trust Bank, AB Bank, Dhaka Bank etc. I believe that the experience I acquired from this study will facilitate me a lot in my future career life. It has also to be mentioned that without your expert advice and cooperation it would not have been possible to complete this report. I shall be pleased to answer any sort of query you may have regarding the report. Sincerely yours, -----------------------------------------Tamanna Lutfa ID: 07204012 ...
Words: 13508 - Pages: 55