...Global Financing and Exchange Rate Mechanisms Global Financing and Exchange Rate Mechanisms International financial institutions are very important for the world to function. International institutions provide capital, improves the standards of living in developing countries. International institutions include World Bank, IMF, and the regional development banks. This essay defines the roles of international financial institutions; as well as how they are used in financing operation. International financial comes with risk and the importance of managing the risk. Roles of international financial insititutions The role of international financial institutions is firm so that we can move forward to expanding to additional countries. The role of international financial institutions is to providing financial support and stable advice for project in developing countries. The role of international financial institutions is to provide stability in the developing countries. The role includes being governed by international laws because it involves more than one country. The international financial also supports the private sector in struggling countries by providing support and give initiatives to help the developing countries such as Africa. The international institutions provide loans and other aids to the countries ("Unisdr", n.d.). For example, with the Keystone pipeline project; this is project that is head by a company called TransCanada. Canada...
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...Solution: Window on Organizations: Cemex: A Digital Firm in the Making Cemex, a world-leading global cement and construction materials firm, has achieved impressive results through ruthless focus on operational excellence. Management took an enterprise-wide view of its business processes and developed a series of information systems to turn the company into a lean, efficient, agile machine that could instantly respond to changes in customer orders, weather, and other last-minute events. How did digital technology transform the way Cemex ran its business? Digital technology transformed the way Cemex ran its business in a variety of ways. Prior to all of this new technology, Cemex was much more manual and was run reactively by responding to phone calls, resulting in inefficiencies and slow service. The new systems now enables the company to run proactively. For example, they have developed a series of systems that assist them in managing unforecastable demand better than its competitors. The new system links Cemex delivery trucks to a Global Positioning System satellite to help dispatchers monitor the location, direction, and speed of every vehicle. This information helps Cemex to send the right truck to deliver a specific grade of cement or redirect deliveries when prompted by last-minute changes. The company has reduced average delivery time from three hours to 20 minutes, realizing huge savings in fuel, maintenance, and personnel costs. Cemex uses 35 percent fewer trucks...
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...Strategy Map – DEPARTMENT – Funds Department The following illustration depicts the strategy map of the DEPARTMENT – Funds (R&S) Department. The business unit, reports under the Financial and Distribution Services Division of DEPARTMENT. The key responsibilities of the Funds Department is to facilitate the collection of sales amounts due from Travel Agents, and settling of the funds due to Airlines, this process is done through the Hinge Bank Account while ensuring the funds of the Airlines are safeguarded against any risk. The business unit is comprised of a Central Team in XXXX, managing the coordination and development of the process, combined with a Regional Team responsible for execution of the daily operations. The development of the strategy map, allows the Funds department to address the following areas: ➢ Identification and Alignment of the Funds objectives with the “DEPARTMENT Strategic House” and Vision. ➢ Communication Tool to allow the stakeholders to understand the key areas the department are focusing on. ➢ Identifying the cause and effects of implementing certain processes and strategies, and how this would contribute to driving the organizational objectives. [pic] [pic] Learning and Growth Perspective People, Performance & Development: ➢ One of the key objectives of DEPARTMENT is to deliver its mission, by making the organization a great place to work through living and upholding its values on an everyday...
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...EXECUTIVE SUMMARY Prepared by: Judy Lau November 17, 2015 Prepared for: Shareholders of JPMorgan Chase EXECUTIVE SUMMARY This report examines JPMorgan’s performance for the fiscal year ending December 31, 2014. The purpose of this report is to give investors an overview of how JPMorgan fares and how the company will fare in the future. Background In 2014, JPMorgan earned $97.9 billion revenue and recorded $21.8 billion in net income. In light of challenges, the firm demonstrated their ability to continuously build their business. JPMorgan raised more than $2.1 trillion in capital for its clients, and more than $75 billion of these capital expenditures went to nonprofit and government entities. Since the 2004 merger with Bank One, JPMorgan has done well against other financial companies and performed slightly below the S&P 500. The company’s tangible book value per share has steadily increased over time, showing a promising future for JPMorgan. Legal and regulatory costs have decreased the value of JPMorgan’s stock, which has lead to a lower price/earnings ratio. Though these legal matters have presented a formidable obstacle, JPMorgan is determined to overcome them over time to make sure the quality of its business shines. Overall, JPMorgan’s four franchises have strengthened their leadership positions, increased their market share, and have continued to deliver on their commitment to improve customer satisfaction...
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...Module 1 - The Accoutant As Strategic Business Adviser The Need For Advice 1.4 (9 issues small business entrepreneurs seek advice about - business structure, IP, liability, regulation, contracts, etc) 1.4 (Malach, Robinson & Radcliff 2006) 1.4 (business efficiency & productivity, management information systems, risk management & internal controls) 1.5 (strategic level - selecting appropriate growth strategies, identifying new products and markets, etc) 1.5 (the need for advice variety of reasons - consider the demand for advice arises) 1.5 (Xiao & Fu 2009) 1.5 Table 1.1 - Characteristics Of Different Sized Organisations 1.6 (SE MSE LE - organisation, strategy, customer/community, financial, governance, work force, IT processes) 1.6 Requests For Advice: Operational - Srategic - Global 1.7 (improving operational performance, greater strategic role, globally relevant issues) 1.7 Example 1.1: A Busniess Dilemma 1.7 Counterpoint (opposing arguement, soft skills, first: make the right decision about the services they perform - second:) 1.7 Providing And Implementing Advice (technical skills, soft skills) 1.8 Figure 1.1 - Providing Business Advisory Services 1.8 (issue, requirement, request, investigation, advice, decision, implementation) 1.8 (recommend actions should be well supported, identify key stakeholders) 1.9 Figure 1.2 - The Chain Of Events For Business Advisory Services) 1.9 Example 1.2: Succession Plan - Please Help 1.9 ...
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...UNIVERSITY OF NAIROBI SCHOOL OF BUSINESS MASTER OF BUSINESS ADMINISTRATION TERM PAPER TOPIC: ISSUES IN GLOBAL BUSINESS MANAGEMENT DSM 602: By DR. YABS NGETICH MONICAH D61/69197/2013 INTRODUCTION The scope of strategic business issues faced by companies and organizations striving to operate and be successful internationally has widened due to an increasingly broad geographic scope and the increasing complexity of technology. Strategic issues arise not only through the formal, periodic strategic planning processes in companies but also can, and quite often do arise unpredictably due to new insights, unexpected advances in technology or competitive activities in the market place. All companies have their way of identifying and dealing with these being their most critical strategic questions. However, theprocess of managing emerging strategic issues is typically non-structured, not necessarily optimally suited to enable the effective identification of the most critical questions and the appropriate allocation of top management attention and corporate intelligence support to answer the identified strategic questions. Despite the past research during 1960s, 1970s, and 1980s into the domain of strategic issues (SI), strategic issue management (SIM), and strategic issue management systems (SIMS) there is a scarcity applicable approaches for firms to use in improving their attention focus and distribution in strategic issue management processes. The underpinnings of strategic management...
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...Global Finance Environment Paper FIN/403 May 4, 2008 Globalization refers to the merging of national markets into one huge global marketplace. In today’s market, selling internationally is much easier due to falling barriers in cross-border trade. Now businesses don’t have to be industry giants to operate and succeed in global markets. Although it can be beneficial to offer a standard product that can be used worldwide, significant differences still exist between national markets such as cultural differences, consumer taste differences, product preferences and legal regulations. It is important to define and understand these differences when merging into national markets. Globalization is inevitable and it’s happening at an astonishing speed in nearly every market possible. The technology era that we are in has enabled businesses to join forces like never before and we are seeing significant changes in the global marketplace. There are main drivers in globalization and this paper will define three of them, as well as describe the risks associated with financial investing, and explain the importance of cultural sensitivity and ethics in global finance. Drivers of Globalization Market drivers Domestic markets are saturated and growth opportunities are often times limited. Expanding globally opens up many new opportunities allowing for real growth within a business. The following lists in detail the specific market drivers that play a key role...
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...The E uropean S pace A gency Europe has ‚ever since’ been actively involved in spaceflight and it still launches satellites for observation, navigation, telecommunications and astronomy. Furthermore, the European Space Agency sends probes to space and cooperates in the human exploration of space. Space is very important for Europe, it provides essential information to decisionmakers to respond to global challenges. Outer space helps us to understand our planet as well as the universe and provides us with indispensable information. According to scientists our solar system emerged more than 4600 million years ago. Since then we could observe a different evolution of its planets and moons. Space companies from all over the world have set scientific goals to find out how our earth works, and whether life on Mars ever existed or maybe is still active. Nowadays this is one of the most important questions, not only because mankind is preparing human exploration of the Red Planet. After the Big Bang, 15 billion years ago, the universe was extremely hot. As we know today, matter did not exist at that time. The process that led protons and electrons to form into stars, galaxies and eventually living creatures, still remains largely unknown. Space telescopes such as Hubble and ESA’s XMM-Newton and Integral are constantly studying the universe behind the visible light, observing and monitoring objects with extreme density, gravity and temperature. As we know, satellites...
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...(Heraclitus). With technology on a continuous rise and the increasing demographic changes in contemporary America, saying that the future of law enforcement is unpredictable is being very modest. Through the use of computer-aided dispatch (CAD), mobile computing, records management systems and database and information technology police and other law enforcement agencies have become much more efficient. Many other tools have help to protect the safety of officers, Kevlar and the Taser for example. Tools such as closed-circuit televisions, global positioning systems (GPS), fingerprint identification systems and facial recognition software also help a great deal with apprehending offenders. These technological advances are not without their share of problems, most of which stem with infringing on the personal rights of civilians and having agents and officers educated in the use of these new technologies. The future of policing is a double edged sword, with the increase of technology and its uses comes the need to safeguard American rights. It is very easy to take an advantage and run with it, this may be the biggest challenge for policing in the future. Computer-aided dispatch (CAD) is a method of managing calls from the public. This also increased communication with dispatch and patrol officers. This created more efficiency and safety for officers. Mobile computing has also experienced a growth in the past couple of decades. Through the use of laptops and the internet officers are...
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...ABOUT TOMTOM: TOMTOM business units sell PNDs to consumers via retailers and distributors. Tele Atlas sells digital maps and related content and services to various industries. WORK offers professional solution for commercial fleets. AUTOMATIVE develops and sells navigation systems and services to car manufacturers and OEMs worldwide. Handset manufacturers and network operations are services with mobile navigation solution , map content and services by the business units TOMTOM and TELE ATLAS.TOMTOM financial performance: looking at profitability and financial strength. From 2005 to 2007, the company had a consistent growth in revenue sales with a corresponding increase in net income. This changed from 2008 with a decline in sales revenue of 3.7% and a net income decrease of 136%. This can be accounted by the downturn of the economy but also indicates that TOMTOM did not change its strategy quick enough to absorb the changes in the economy. Sales revenue further decreased in 2009. Also look at competitive strength, TOMTOM is suffering from continuous pressure from competition and decrease in retail prices of GPS units. GARMIN is still the leader with market share of 45% while TOMTOM has a market share of 24%. Based on the above, TOMTOM has a competitive strategy but not a total winning strategy. They need to look at the industry and be more pro-active at market changes and other threats which they identified. TRENDS: Demand for portable navigation devices have declined as traffic...
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...* * * (Image Source: HDW) In the current world, where there are difficult to trace anonymous hackers, the need of protecting one’s own data becomes all the more important. The following tips would help in preventing hacking of smartphones. 1. Using of screen locks and encryption Usage of screen locks and encryption enable the enhancement of security of the Android systems. Pattern, pin and face lock being different types of screen locks which make it difficult in guessing the passwords. * * * * 2. Avoiding saving of passwords Saving of passwords to websites and onine services on someone’s devices provides a chance for accessing vital information when stolen. As a result of which, one should avoid saving all the passwords in one’s phone, specifically in respect to the mobile applications related to payment and banking. 3. Applications being required to be locked Applications containing private information need to be locked, providing additional security and preventing a person from using a lost device in case of the various locks of the Android system being bypassed. File managers and email applications which contain private information are the ones which need to be locked. 4. Checking permissions required for installing an app Due to the existence of various unsafe apps in Play Store, the list of permissions which pop-up when installing an app needs to be checked thoroughly. There are a number of applications...
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...1 Accuracy 11 5.2 Poor Location Determination 11 5.3 Indoor usage 11 6.0 The impact of the smart sentry tracking to DHL 12 6.1 Increase organization performance 12 6.2 Organizational Productivity 12 6.3 Quality management 13 7.0 Identify and discuss the similarities and differences 14 7.1 Internet application 14 7.1.1 Domain name 14 7.1.2 World Wide Web 15 7.1.3 URL 15 7.1.4 Internet and DHL 16 7.1.5 Technology and DHL 16 7.2 Mobile computing 17 7.2.1 Similarities 18 7.2.1.1 GPS (Global Positioning System) 18 7.2.2 Differences 19 7.2.2.1 RFID (Radio Frequency Identification) 19-20 7.3 Application Security 21 7.3.1 Similarities 21 7.3.1.1 SSL (Secure Socket Layer) 21 7.3.1.2 Backup System 22 7.3.1.3 Virus attack 22 7.3.1.4 Computer Security Plan 22 7.3.2 Differences 22 7.3.2.1 System Failure -Power surge- 22 8.0 Provide recommendations/proposals 23 8.1 Battery life preservation 23 8.2 Management development 23 8.3 Technology and development 23 9.0 Conclusion 24 10.0 References 25 Links 25-26-27 Images 28 | Assessment Criteria(100%) | Marks...
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...| About IMF The International Monetary Fund (IMF) works to bring up International Monetary Cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth and to reduce the poverty around the world. IMF was created in 1945 and it’s an organization of 187 countries. Why IMF was created and how it works? The IMF, also known as the “Fund,” was conceived at a United Nations conference convened in Bretton Woods, New Hampshire, United States, in July 1944. The 44 governments represented at that conference sought to build a framework for economic cooperation that would avoid a repetition of the vicious circle of competitive devaluations that had contributed to the Great Depression of the 1930s. Work of IMF The primary mission of the IMF is to provide financial assistance to countries those countries who experience financial and economic difficulties and to sought those difficulties they are given financial help by using funds deposited with the IMF from the institution’s 187 member countries. Member of IMF states with balance of payments problems, which often arise from these difficulties, may request loans from IMF to help fill gaps between what countries earn and/or are able to borrow from other official lenders and what countries must spend to operate, including covering the cost of importing basic goods and services. In return, countries are required to launch certain reforms which have often been dubbed...
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... Prepared by Julie Agboola juliea_419@hotmail.com Veysel Cetiner v.cetiner@gmail.com Shaun Fleming spfjr@umd.edu Alex Zhu alexqzhu@gmail.com December 7, 2006 TABLE OF CONTENTS 1. Abstract …………………………………………………………………...….…… 3 2. Credits ……………………………………………………………………...……... 4 3. Introduction ……………………………………………………………………….. 5 4. Discussion of Previous Work ………………………………………………...…… 6 i. Commercial System ……………………………………………….. 6 ii. Academic Papers ……………………………………………………7 iii. Relevant Web Sites ……………………………………………….. 8 5. Presentation of Design ………………………………………………………….….. 9 a. Targeting Users ……………………….……………………………….…... 9 b. System Interaction …………………………………………………….…... 9 c. Prototype Screenshots ………………………………………………..…… 11 i. Main Screen ………………………………………………………... 11 ii. Map ………………………………………………………………… 12 iii. Map #2 …….…..………………………………………………….... 13 iv. Directions ……….………………………………………………….. 14 v. Weather ……..…………………………………………………….... 15 vi. Emergency ………………………………………………………..... 16 vii. Tutorial #1 ………………………………………………………..... 17 viii. Tutorial #2 …………………………………………………...…….. 18 ix. Tutorial...
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... Prepared by Julie Agboola juliea_419@hotmail.com Veysel Cetiner v.cetiner@gmail.com Shaun Fleming spfjr@umd.edu Alex Zhu alexqzhu@gmail.com December 7, 2006 TABLE OF CONTENTS 1. Abstract …………………………………………………………………...….…… 3 2. Credits ……………………………………………………………………...……... 4 3. Introduction ……………………………………………………………………….. 5 4. Discussion of Previous Work ………………………………………………...…… 6 i. Commercial System ……………………………………………….. 6 ii. Academic Papers ……………………………………………………7 iii. Relevant Web Sites ……………………………………………….. 8 5. Presentation of Design ………………………………………………………….….. 9 a. Targeting Users ……………………….……………………………….…... 9 b. System Interaction …………………………………………………….…... 9 c. Prototype Screenshots ………………………………………………..…… 11 i. Main Screen ………………………………………………………... 11 ii. Map ………………………………………………………………… 12 iii. Map #2 …….…..………………………………………………….... 13 iv. Directions ……….………………………………………………….. 14 v. Weather ……..…………………………………………………….... 15 vi. Emergency ………………………………………………………..... 16 vii. Tutorial #1 ………………………………………………………..... 17 viii. Tutorial #2 …………………………………………………...…….. 18 ix. Tutorial...
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