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International Banking and Finance Foreign Exchange rate

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International Banking and Finance Foreign Exchange rate
BAO3402 INTERNATIONAL BAKING AND FINANCE
GROUP ASSIGNMENT

SEMSTER ONE 2013

GROUP MEMBER: SHANSHAN XU 3899722 KUN ZHANG 3812402 LIQIAO LV 3899729

DATE: 03/05/2013

Table of content

The General Business Environment
For General Motors Company (GM)
General Motors (GM) was founded in 1908 , headquartered in City of Detroit, since William Durant created General Motors, it has combined or merged with Buick, Cadillac, Chevrolet, Oldsmobile, Pontiac, Corvette, Hummer, and hold3% of the Suzuki shares. Since 1927 GM has become one of the largest automobile companies in the world. General Motors Company (GM) projects, builds and sells cars, trucks and automobile parts world widely and also provides automotive financing services through General Motors Financial Company, Inc. GM Financial service mainly include purchasing retail automobile installment sales contracts originated by GM and non-GM franchised and independent dealers connect to the sale of used and new automobiles.
For Royal Dutch /Shell Group of Companies
Royal Dutch / Shell Group of Companies, also can be translated as “Shell”, is the world 's second largest oil company, founded in 1890, headquartered in The Hague, the Netherlands, and is the company which is merged by the Royal Dutch Petroleum and Shell. It named ad the major international oil, gas and petrochemical producer, and also the world 's largest automotive fuel and lubricants retailer. Thus Royal Dutch Shell is also a pioneer in the LNG industry, and has extensive experiences in financing, management and operations. The operations throughout the world in 145 countries and has nearly 12 million employees, respectively owns 3% of the world’s total oil and 3.5% of the world 's total gas production. Shell is committed to sustainable development, providing clean energy in a socially responsible manner.
The Impact of International Business



Bibliography: Mihir Arvind Desai, 2007, published by Wiley, International Finance: A Casebook, viewed at 25th April, 2013 Jeff Madura, 2008, International Financial Management, viewed at 26th April, 2013 Laurent L. Jacque, 2010, published by World Scientific Publishing Co, Pte, Ltd, Global Derivative Debacles: From Theory to Malpractice, viewed at 27th April, 2013. Shell at a glance, 2012, Shell Global, viewed by 27 April, 2013: http://www.shell.com/global/aboutshell/at-a-glance.html General Motor, 2013, viewed by 27 April, 2013: http://www.gm.com/content/gmcom/home/company/aboutGM.html Chika Amanze, 12 May 2008, Royal Dutch Shell plc. Com, viewed by 27 April, 2013: http://royaldutchshellplc.com/2008/05/12/nigeria-niger-delta-financial-crisis-hits-shell/

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