Text 1. WHY DO MULTINATIONAL ENTERPRISES EXIST? Why do multinational enterprises (MNEs) exist? This seems to be a silly question. The answer seems to be simple – because they are profitable! But the issue is more complicated than it sounds. There is some agreement that five different pieces together provide a good explanation of why multinational firms exist (and why they are as large as they are. The combination of these five pieces into a framework for understanding multinationals is often called
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Literature Review 2.1 History of the air-conditioner Air-conditioner was invented based on invention of refrigerator. The history was told that the Chinese were the first to store natural ice and snow to cool wine and other delicacies. Evidence has been found that ice cellars were used as early as 1000 B.C. in China. Early Greeks and Romans also used underground pits to store ice. Ancient people of Egypt and India cooled liquids in porous earthen jars. Ice was produced due to vaporization
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(a) “Nemawashi” is an agricultural metaphor. The idea is that before a farmer plants a seed‚ he should prepare the roots and the soil‚ so that the seed has the best chance of survival. It is a political process by which an unofficial understanding is reached before a final decision is made on a particular matter. “Nemawashi” is Bottom-up style decision making (middle management has the greatest influence on decision making). The Japanese are primarily concerned with harmoniously working out problems
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L&S 125 CASE STUDY: CENTURY CANNING CORPORATION Summary 1 Century Canning Corp: Operational Indicators 2007 2008 2009 Net sales Ps2‚300 million Ps2‚900 million n/a Net profit Ps46 million Ps51 million n/a Sources: Securities and Exchange Commission: Philippines 8‚000 Corporations‚ 2008 edition Securities and Exchange Commission: Philippines 10‚000 Corporations‚ 2009 edition Note: Financial year ending‚ 31 December Century Canning Corp is the flagship company of the Century
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strategy is very good. 4. How well is Costco performing from a financial perspective? Costco is doing very well financially. Though some of the financial ratios may look good from a traditional point-of-view‚ Costco is not a traditional company. Do some number-crunching using the data in case Exhibit 1 to support your answer. Use the financial ratios presented in Table 4.1 of Chapter 4 (pages 98-99) to help you diagnose Costco’s financial performance. Short term solvency ratios are where they should
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The Financial Crisis of 2008 Factors and Prevention Abstract This paper explores the factors‚ which caused the recent financial crisis of 2008. Furthermore this paper will explain how the Federal Reserve’s (Fed) monetary policies and the Federal Government’s fiscal policies are crucial in limiting and perhaps eliminating future catastrophes. The Financial Crisis of 2008 Factors and Prevention The financial crisis of 2008 is widely considered
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12. Ratios Inputs RATIOS Items July 1‚ 2005 July 1‚ 2006 June 30‚ 2007 June 30‚ 2008 June 30‚ 2009 June 30‚ 2010 19.1% 3.2% 20.3% 2.6% 17.4% 20.3% 2.9% 18.7% 20.1% 2.9% 19.4% 20.1% 2.9% 18.6% 20.1% 2.8% 16.9% 9.9% 2.2% 8.5% 25.1% 48.5% 10.8% 3.3% 12.3% 36.0% 66.0% 11.3% 3.2% 12.1% 35.4% 62.1% 10.4% 3.7% 13.3% 39.3% 71.5% 9.4% 4.0% 13.4% 38.4% 79.4% 3.78 7.34 13.79 1.23 16.92 13.69 14.11 22.37 3.79
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Financial Planning and Strategies – Group Project Objective of the document The report comprises financial advice for Gwen and Fred. You both are 26 and 25 years of age respectively‚ currently working and enjoy good health. You have sought my advice with an intention of protecting your financial future with an express view of secure financial situation during your retirement. An analysis of your current financial situation is undertaken and based on the information you have provided‚ advice
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PART 1 With reference to the reading “ Globalizing International Banking” a/ The principal difference between international banking and global banking The article provides a certain classification of two banking models bases on the way their foreign assets are financed. The international model of banking system gather their funds via domestic market and then allocated to borrowers in a foreign market. By contrast‚ Global Banking generates funds in a foreign market and finances its claims
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First Farm Corporation (A) Time Frame: 1993-1995 Point of View: This case study deals with the point of view of Ricardo Sarmiento‚ the Vice President for finance of First Farm Corporation. Statement of the Problem: Why does First Farm Corporation have deficit operating cash flow despite of increase of 40% in sales‚ 89% in net income and improvement in liquidity? Objectives: To give Mr. Sarmiento an explanation and recommendation. Areas of Consideration: Internal Environment Strengths
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