manufacturer of electrical and electronics products for consumer and institutional markets. Over the years‚ it has expanded its operations with its noncompeting lines of electrical appliances‚ records‚ compact discs‚ and cassettes and through importing from and distributing to Taiwan and Japan. However‚ Merrill is faced with steadily severe declining margins in the electrical distribution business in recent years. This worsens its poor financial condition and inability to meet payments to suppliers and
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Corporate Restructuring is the corporate management term for the act of reorganizing the legal‚ ownership‚ operational‚ or other structures of a company for the purpose of making it more profitable‚ or better organized for its present needs. Alternate reasons for restructuring include a change of ownership or ownership structure‚ demerger‚ or a response to a crisis such as positioning the company to be more competitive‚ survive a currently adverse economic climate‚ or poise the corporation to move
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to stimulate the economy. However‚ the existence of this large deficit in the long run can evolve into a problem due to the financing of the debt‚ and the large opportunity cost it holds. For these reasons a government would want to reduce this. Blanchard & Johnson (2013) outline the two dominant fiscal tools that accomplish a reduction in the government deficit in the short run: increasing taxes and decreasing government spending. Such manipulation of fiscal policy is called fiscal consolidation
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Value Creation in Barcelona‚ Spain. A devout Christian‚ he is happily married with children and grand children. THE INDUSTRY TO WHICH THE BUSINESS BELONG Elizade Nigeria Limited belongs to an automobile industry. It is a business involved in distributing Toyota cars and spare parts in Nigeria. That is‚ it has consistently been marketing‚ selling and servicing Toyota vehicles in Nigeria imported directly from the manufacturers in Japan. VISION Elizade is the brain child of Chief Michael Ade Ojo
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expense. V. Evaluation and Recommendations To gain a good amount of profit in the furniture business industry‚ importing furniture is one of the best choices to choose since it is relevant to any business man whether it be first timers or professional people on the field. But this business is not an easy task to do‚ because as you do the functions and the operations of the importing concept‚ it is probable to experience dangerous risk that would affect the business itself. The management of Dahlia
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in another country‚ or a calculation based on the combination of the exporter’s production costs‚ other expenses and normal profit margins. Anti-dumping measures can only be applied if the dumping is hurting the industry in the importing country. (1) The injured importing country may take anti-dumping measures to defend domestic economy. The Anti-Dumping
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wipeout of Qian Hu’s fish supply. In spite of this‚ Qian Hu was able to recover from the loss. Today‚ the company boasts being one of the largest ornamental fish service providers in the country with services that include farming‚ importing‚ exporting‚ and distributing over 500 species of ornamental fish. Qian Hu exports to over 80 countries across the globe‚ representing a huge percentage of Singapore’s ornamental fish exports. It also has branches in Thailand‚ China‚ and Malaysia to cater to their
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occurs in a group context and it involves the achievement of goals’. There is an overlap between Northouse’s common themes and the ideas of many others including Grint’s (1997) ideas of four ‘problems’ (process‚ position‚ philosophy and purity) and Blanchard and Hersey’s ‘Situational Leadership’. In recent years‚ Leadership has begun to be aligned with business and management theories and models. This has led some to question the differences between leadership and management. In his book ‘The new
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and who has managerial authority. Leadership is what leader do. More specifically‚ it’s the process of influencing a group to achieve goal. Hersey and Blanchard argue that successful leadership is achieved by selecting the right leadership style‚ which is contingent on the level of the follower’s readiness. Readiness‚ as defined by Hersey and Blanchard‚ refers to the extend to which people have the ability and willingness to accomplish a specific task. Four specific leadership styles described as followed:
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difference between a nation’s exports of goods and services and its imports of goods and services‚ with the assumption of all financial transfers‚ investments and other components are being ignored. A Nation is said to have a drop in its trade if it is importing more than it exports. The balance of trade forms part of the current account‚ which includes other transactions such as income from the international investment position as well as international aid. If the current account is in spare‚ the country’s
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