...HOMEWORK 1-INTERNATIONAL TRADE THEORY & POLITICAL ECONOMY OF INTERNATIONAL TRADE 1. Read the Samuelson critique from Chapter 5. Explain briefly what you understand from this critique. Do you agree or disagree with this critique? 2. The world’s poorest countries are at a competitive disadvantage in every sector of their economies. They have little to export. They have no capital; their land is of poor quality; they often have too many people given available work opportunities; and they are poorly educated. Free trade cannot possibly be in the interests of such nations! Do you agree or disagree, discuss. 3. Read the section on “Evidence for the Link Between trade and Growth” in Chapter 5 from your text book. With the help of this information as well as other sources (internet, books, magazines) identify and explain the channels through which trade positively affects economic growth in a nation. 4. Read the case on “Agricultural Subsidies and Development” (page 308 in the 7th edition; page 300 in the 8th edition) and answer the 4 questions that follow the case. 1. According to Samuelson Critique, rich countries, USA in particular, might not gain from free trade, but loose, because some jobs are being relocated to poorer countries (such as India and China). I agree that USA economy suffers in some way because of this, but on the other hand I am sure that this is only short term loses, and in general economy will benefit in a long run. Indeed, I guess it is worth...
Words: 331 - Pages: 2
...Grant Thornton: Unleashing our potential Mission: to make a difference to our colleagues, our clients, our profession and our communities Vision: to be the leading audit, tax and advisory firm, serving dynamic organizations in our chosen markets Chosen markets: dynamic organizations—the space we want to own Strategic drivers: revenue growth, talent, operational excellence, distinctive client service, brand. Global values: collaboration, leadership, excellence, agility, respect, responsibility. “Without quality we have nothing” – Edward Nusbaum, CEO of Grant Thornton International “Quality is not an act, it is a habit” – Stephen M. Chipman, CEO, Grant Thornton LLP Grant Thornton International—a cohesive global organization Our global brand promise: Unlock your potential for growth Reason says: go with the well-known Instinct says: go with the know-how Factors Shaping the Profession: Globalization—impacts all we do in the professor; impacts all we do at Grant Thornton. Regulatory environment—Intensity and complexity of regulations and standards is unprecedented; accelerated push for greater transparency and accountability. Relevancy—how relevant are financial statements? How relevant is our opinion to these financial statements? Technology—driving great value and great change; adoption of technology increases the expectation for transparency. Generational change—profoundly different than any “generation”; expectation gap with the profession. Broader business...
Words: 286 - Pages: 2
...decided to conduct an informational interview with a fellow co-worker. He informed me of the culture, benefits, and where the company stood financially because this information was not made public. In addition I asked about some of the responsibilities he could visibly see facility specialist doing. He informed me that they were in charge of all vendors, office coordination’s, and safety issues but advised me that the pay was on the short end. With this information I decided to research other positions in my field which led me to www.job.com. As I entered the site I noticed there was a registry. It required first and last name along with a created password. Also the site asked for my primary job category which was maintenance/facilities management. As I submitted my information the system stated that I already had an account and directed me to a login page. As I entered the page I was asked about my dream career, salary, educational level, and military status. After directing me to the University of Phoenix advertising page I was now in the site looking for relevant positions of choice. After being directed to various advertisements the system matched me to my field of work. The result was a maintenance/housekeeping job in Caldwell, OH. On the page they gave a synopsis of the company a brief job description however,...
Words: 915 - Pages: 4
...FENUGREEK RESEARCH COMPANY LTD. FACILITY MANAGEMENT REPORT EXECUTIVE SUMMARY This ten-page facility assessment report presents the findings from a three-week period of investigation in Fenugreek Research Company Ltd and relates recommendations both operationally and strategically which the Fenugreek management is advised to take to resolve the issues that surfaced during the period of investigation. Seven most pressing concerns coming from the Fenugreek staff were each dealt with in detail and suggestions for them were subsequently discussed for its feasibility. The findings of the investigation brought this Facility Manager to the conclusion that there is general dissatisfaction with the current working conditions of Fenugreek Research Company, which must be addressed individually in face of a period of uncertainty and change as the company owners look to float the firm and make it a public concern. The recommendations presented were judged for their practicability and immediacy of solution to the pressing concerns of the Fenugreek employees. INTRODUCTION Although facility management has long been practised by military, government and schools, it is a fairly new business and management discipline. As the role of the physical work environment on performance and productivity started to become more and more evident in studies, so has the field become more and more involved in a business context. In a compilation of over 40 studies of productivity improvement, changes in performance...
Words: 2825 - Pages: 12
...The “M.B.I” Model Professor Joe DiStefano IMD Lausanne Switzerland L A U S A N N E - SW IT Z E R L A N D Joe DiStefano 1 JDS-MBI Model Copyright © IMD International, Lausanne, Switzerland Not to be used or reproduced without permission STD – ICE 2003 San Diego, CA - May 20, 2003 Objectives get higher performance and the impact of our differences Test the applicability of the ideas to situations from your experience L A U S A N N E - SW IT Z E R L A N D Provide a framework for using diversity to Increase awareness of ourself and others Joe DiStefano 2 JDS-MBI Model Copyright © IMD International, Lausanne, Switzerland Not to be used or reproduced without permission STD – ICE 2003 San Diego, CA - May 20, 2003 Diversity Yields Wide range of perspectives Large variety of potential solutions for problems or opportunities Potential for synergy L A U S A N N E - SW IT Z E R L A N D Joe DiStefano 3 JDS-MBI Model Copyright © IMD International, Lausanne, Switzerland Not to be used or reproduced without permission STD – ICE 2003 San Diego, CA - May 20, 2003 Performance of Diverse Teams Homogeneous Number of Teams Diverse Diverse Low Performance High L A U S A N N E - SW IT Z E R L A N D Joe DiStefano 4 JDS-MBI Model Copyright © IMD International, Lausanne, Switzerland Not to be used or reproduced without permission STD – ICE 2003 San Diego, CA - May 20, 2003 Fundamental Issues Most diverse work...
Words: 1995 - Pages: 8
...University of Puget Sound School of Business and Leadership BUS 435 International Finance Professor Alva Wright Butcher Tues & Thurs 12:30-13:50 McIntyre 107 Spring Semester 2013 Office: McIntyre 111 I Office Hours: Phone: 253-879-3349 Tues and Thurs 2:00-3:00 FAX: 253-879-3156 Wed 9:30-10:30 And by appointment Note that I am always willing to schedule additional office hours by appointment. I check email frequently, so that is also a good way to communicate. If I do not respond to your email message, that means I did not receive it. Please send it again. Email: butcher@ups.edu Required Course Materials Text: Madura, International Financial Management, Abridged 10th Edition, South-Western, 2011 Book: Lewis Michael, Boomerang: Travels in the New Third World, Norton, 2011 Calculator: A calculator is required. A financial calculator would be preferable, as it would have functions for bond valuation, net present valuation (NPV), internal rate of return (IRR), present value (PV), and future value (FV). A suitable calculator, the HP10-B, is available in the bookstore for about $30. Harvard Business School Cases https://cb.hbsp.harvard.edu/cbmp/access/17920074 The above is the URL for Harvard Business School so that you can obtain discounted student pricing for the cases: Group Ariel S.S.: Parity Conditions and Cross-Border...
Words: 4483 - Pages: 18
...535 – International Finance COURSE DESCRIPTION Presents international financial tools, applications, and concepts used in formulating effective financial management strategies. Examines fundamental international financial relationships and transactions among firms, foreign exchange rate determination and forecasting, foreign exchange risk and exposure, balance of payment accounting, and evolution of the international monetary system. Analyzes special topics such as working capital management strategies, capital budgeting, cost of capital, and optimal capital structure in the context of international operations. INSTRUCTIONAL MATERIALS Required Resources Madura, J. (2012). International financial management (11th ed.). Mason, OH: South-Western, Cengage Learning. Supplemental Resources Al Nasser, O.M. (2010). How does foreign direct investment affect economic growth? The role of local conditions. Latin American Business Review 11, 111-139. Kornecki, L. & E. M. Ekanayake. (2011). Inward FDI stock in the U.S. economy and state based determinants. Advances in Management, 4(6), 13-24. Ranjan, V. & Agrawal, G. (2011). FDI inflow determinants in BRIC countries: A panel data analysis. International Business Research, 4(4), 255-263. United Nations. (2011). Foreign Direct Investments in LDCs: Lessons learned from the decade 20012010 and the way forward. United National Conference on Trade and Development. COURSE LEARNING OUTCOMES 1. Compare multinational financial management to domestic...
Words: 4298 - Pages: 18
...| | | |II. COURSE DESCRIPTION | |Students will gain a working knowledge of financial management by learning to develop a systematic approach to financial analysis; to apply techniques for | |planning, forecasting, and managing; as well as to evaluate and recommend improvements in the organization's financial performance. | | | |III. PREREQUISITES | | | |FIN 5001 OR FINP 5008 and ACTP 5001 | | | |IV. LEARNING OUTCOMES ...
Words: 795 - Pages: 4
... 23 F Course introduction 26 M International HRM overview Ch. 1 28 W IHRM overview (continued) Last day to add/drop classes 30 F In-class exercise: Staffing a New Joint Venture Blackboard Sept. 2 M LABOR DAY HOLIDAY – NO CLASS 4 W The cultural context of IHRM Ch. 2 6 F The cultural context (continued) Research project team formation 9 M Select city assignments and oral presentation dates The organizational context Ch. 3 11 W The organizational context (continued) 13 F Homework 1 due: Quality Control at theHawthorne pg. 287-288 Arms 16 M Cross-border M&As, alliances, & SMEs Ch. 4 18 W Cross-border M&As, alliances, & SMEs (continued) QUIZ 1 20 F Homework 2 due: Strategic forecasts and staffing pg. 298-304 formulation 23 M Review for Exam 1 25 W EXAM 1 27 F Selected team oral reports 30 M Research Assignment 1 due In-class exercise: HR Planning Blackboard COURSE OUTLINE (continued) Date Topic Readg, Oct. 2 W Staffing, recruiting & selection Ch. 5 4 F Staffing, recruiting & selection (continued) 7 M Homework 3 due: Spanning the Globe pg. 282-286 9 W Performance management Ch. 6 11 F Performance management (continued) 14 M Training, development...
Words: 446 - Pages: 2
...Course Information Course Number/Section FIN 4375-01 Course Title International Business Finance Term Fall 2015 Days & Times Mondays & Wednesdays 2:00-3:50 pm Classroom VBT, Rm. 137 Professor Contact Information Professor M. Sinan Goktan Office Phone 510-885-3797 E-mail Address sinan.goktan@csueastbay.edu Office Location VBT 438 Office Hours Mondays, 4:00-6:30 pm, Wednesdays 4:00-4:30 pm. Course Pre-requisites and/or Other Restrictions Pre-requisites: FIN 3300 Course Description | |In this course we will focus on a multinational corporation which makes its | | |investment, financing and operating decisions in an international setting. You will learn about the international | | |financial and currency markets and monetary system in which domestic and multinational firms operate. Our emphasis will| | |be on risks and opportunities faced by a corporation as a result of operating in an international environment. | Student Learning Objectives/Outcomes • Identify the determinants of currency prices and explain how these prices change in the foreign exchange (FX) markets. • Distinguish how various exchange rate systems affect currency prices in the FX markets. • Explain how a country’s balance of payments affects currency prices in the FX markets. • Explain international parity conditions which link the prices of goods, interest rates, spot rates...
Words: 1051 - Pages: 5
...BUS 138 – Section 001 International Finance Instructor: Dr. Yun Liu Office: Anderson Hall 214 Phone: (951) 827-6447 Fax: (951) 827-3970 E-mail: yun.liu@ucr.edu Quarter: Winter 2013 Lecture time: TuTh 12:40 pm – 2:00 pm Classroom: Olmsted Hall 421 Course Website: http://ilearn.ucr.edu/ Office Hours: TuTh 11:15 am – 12:15 pm Course description The course introduces you to the financial management of multinational corporations operating in a global environment. You will be exposed to a number of topics in international finance including the international financial systems, balance of payments, foreign exchange markets, measuring and hedging exchange rate risk. Course/Learning objective Students should expect to develop an integrated analytical and decision making perspective that will enable them to extend financial concepts such as capital budgeting and risk management, and instruments such as forwards and options to their international analogs. Students should also be able to critically evaluate the use of international financial management models within a case analysis framework. Prerequisite BUS 106 with a grade of "C-" or better OR ECON134 with a grade of "C-" or better Course Materials Notes Lecture notes will be posted on iLearn throughout the term. Textbook International Financial Management, 11th ed, by Madura Business press Such as the Wall Street Journal, the Economist, and etc. 1 Grading Policy Grade elements will be posted on iLearn. If...
Words: 1201 - Pages: 5
...[pic] ביה"ס לניהול וכלכלה – התוכנית לניהול מערכות מידע 1 . פרטי הקורס |שם הקורס בעברית |היערכות לחירום והמשכיות עסקית BCLE1500 | |שם הקורס באנגלית |BCLE1500 | |שנה |סמסטר |תואר ראשון/שני |שם מקוצר באנגלית | | | | |עד 8 אותיות | |תשע"ג |א' | |BCLE1500 | 2 . סגל הקורס מרצה |שם פרטי בעברית |שם משפחה בעברית |שם פרטי באנגלית |שם משפחה באנגלית | |שלום |דוד |SHALOM |DAVID | |טלפון לפרסום (לא חובה) |דוא"ל |שעת קבלה | | |0504916155 |Shalom.david.cyber@gmail.com |בהמשך לשיעור שיקבע | | מתרגל – זהה למרצה |שם פרטי בעברית ...
Words: 1822 - Pages: 8
... | |Competitiveness, Strategy, & Productivity |Chapter 2 | |Supply Chain Management |Chapter 15 | |Forecasting |Chapter 3 | |Product and Service Design |Chapter 4 | |Exam 1 – Online 6/11 from noon to midnight |Chapters 1-4, & 15 | |Capacity Planning |Chapter 5 | |Process Selection and Facility Layout |Chapter 6 | |Location Planning and Analysis |Chapter 8 | | Quality Management |Chapter 9 | |Exam 2– Online 6/19 from noon to midnight |Chapters 5, 6, 8, 9 | |Statistical Quality Control |Chapter 10 | |Inventory Management |Chapter 13 | |JIT and Lean Operations ...
Words: 2512 - Pages: 11
...SOLUTION MANUAL OPERATIONS MANAGEMENT 10TH EDITION PDF at www.manualstack.com SOLUTION MANUAL OPERATIONS MANAGEMENT 10TH EDITION PDF SOLUTION-MANUAL-OPERATIONS-MANAGEME.PDF © COPYRIGHT WWW.MANUALSTACK.COM DISCLAIMER: WWW.MANUALSTACK.COM have the following Answers For Solution Manual Operations Management 10th Edition Pdf available for free PDF download. You may find another document such as Engineering Management Robbins 10th Edition, PDF FILE : SOLUTION MANUAL OPERATIONS MANAGEMENT 10TH EDITION PDF Page : 1 DOWNLOAD AND READ SOLUTION MANUAL OPERATIONS MANAGEMENT 10TH EDITION PDF at www.manualstack.com Cases In Strategic Management 10th Edition Pdf , Operations Management Collier And Evans Solution Manual, Operations Management Russell And Taylor 7th Solution Manual, Operations Management Heizer And Render Solution Manual, Fundamentals Of Human Resource Management 10th Edition, Investments Analysis Management 10th Edition Jones, Fundamentals Of Financial Management 10th Edition Answers, Fundamentals Of Financial Management Brigham 10th Edition, Theory Of Strategic Management With Cases 10th Edition, . PDF FILE : SOLUTION MANUAL OPERATIONS MANAGEMENT 10TH EDITION PDF Page : 2 DOWNLOAD AND READ SOLUTION MANUAL OPERATIONS MANAGEMENT 10TH EDITION PDF at www.manualstack.com SOLUTION MANUAL OPERATIONS MANAGEMENT 10TH EDITION PDF . Solution Manual Operations Management 10th Edition Pdf can be very useful guide, and solution manual operations management 10th edition pdf play an...
Words: 1992 - Pages: 8
...[pic] |Kazakhstan Institute of Management, Economics and Strategic Research (KIMEP) International Summer School, 2011 OPM 5202 OPERATIONS MANAGEMENT | | [pic] OPM 5202 OPERATIONS MANAGEMENT Instructor: Dr. Ardeshir Lohrasbi Office: Telephone: FAX: Email:zlohrasbi@gmail.com Instructor: Dr. Ardeshir Lohrasbi Office: Office Hours: Tel: Fax: E-mail: zlohrasbi@gmail.com Website: https://edocs.uis.edu/alohr1/www Introduction: Welcome to OPM 5202 Operations Management .It is a great pleasure to have all of you in my class. I have been at University of Illinois Springfield in USA for 31 years and served as a Chair of Department of Business Administration , MBA director and Chair of Management Department for several times and my work was recognized last May at the University of Illinois Springfield Faculty Recognition.I taught in graduate and undergraduate online and on ground many different courses such as Production and Operations management, Project Management, Computer Software Application in Business, Service Management, Inventory Management…etc. and I have done a number of consulting for private and public services and presented many research papers at a local and national level. In this class I will share my life time experiences and teachings with all of you. My goal is you learn the course materials and be able to apply the topics, computer applications and techniques in the real world. For more information please...
Words: 2707 - Pages: 11
