COMPILED International Business BY: VISHAL KADAM Q) What is International Business? What are its importance? Q) Distinguish between International & Domestic Trade? Distinction between internal and international trade Distinction between internal and international trade in general involves transaction for mutual benefit For this reason both the trading parties will have equal interest. Trade is a case of geographic specific area. An area specialises in an activity and trade takes place
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1.Consider exchange rates for your country’s currency against that of its main trading partner over the last 10 years. What trends can you see and how might these trends affect your chosen firm and/or industry? [see http://www.x-rates.com] Exchange rates come in two forms: Fixed exchange rates‚ although they produce stability and predictability‚ tend to get in the way of market forces—if a currency is kept artificially low‚ a country will tend to export too much and import too little. Trade
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MACQUARIE UNIVERSITY Faculty of Business and Economics AFIN828 International Investment and Risk Assignment Semester 1 / 2013 1) Using the price series provided in the spreadsheet assignment_data.xls calculate the monthly returns for Westpac (WBK)‚ Wesfarmers (WES) and Rio Tinto (RIO) for the considered time period from January 2nd‚ 2012 to January 1st‚ 2013. (25 Marks) a) Considering a possible investment in WBK and WES‚ calculate the mean (monthly) return‚ the standard deviation of return and
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founder of Apple‚ was asked to come back as Chief Executive in 1997 when the business was making a loss. Job’s was appointed to provide a clearer vision for the business and to improve its profitability. How easy is it for a Chief Executive to change a struggling business into a more successful one? Justify your answer with reference to Apple and/or other organisations you know. (40 marks) Depends upon/ points : * How respected the leader is: Steve Jobs acted as an inspiration to many in the
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Structure International Maritime Organization (IMO) is an agency in the United Nations that is responsible for the safety and security of shipping and the prevention of marine pollution. The IMO is broken up into an Assembly‚ a Council and five other committees: Maritime Safety Committee‚ Marine Environment Protection Committee‚ Legal Committee‚ Technical Co-operation Committee‚ and the Facilitation Committee. The Assembly is the overseer of the Organization‚ it consists of member states (countries
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International Business‚ 14e (Daniels et al.) Chapter 2 The Cultural Environments Facing Business 1) ________ consists of specific learned norms based on attitudes‚ values‚ and beliefs of a group of people. A) Ethnology B) Civilization C) Culture D) Doctrine Answer: C Diff: 1 Skill: Concept Objective: 1 AACSB: Multicultural and diversity understanding 2) Which of the following is NOT true about cultural diversity? A) Companies may gain competitive advantages by bringing together people of
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Univ.-Prof. Dr. Herm.-J. Blanke International Organizations Winter 2008/09 W ORKING PAPER 02 Theories of International Organizations (The realist‚ institutionalist and idealist school) The realist school Classical realism (Carr 1964; Morgenthau 1993) starts from the premise that the state is not only the major‚ decisive actor in international politics but also one that is unified and self-contained. Thus‚ in realist analyses of international politics societal actors are left out‚ as are
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Accounting Principles (GAAP) in favor of the international standards‚ International Financial Reporting Standards (IFRS)‚ followed by most of the world. This modification would represent one of the prevalent accounting rule changes for public companies based in the U.S. Among other issues‚ it would likely dislodge the Financial Accounting Standards Board‚ or FASB‚ as the U.S.’s chief accounting authority‚ incorporating it under the London-based International Accounting Standards Board (IASB). Many
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THE RIGHT TO COUNSEL The right to counsel is guaranteed by the Sixth Amendment to the Constitution. It provides for counsel in phases of a criminal proceeding for anyone who cannot afford one. This wasn’t always the case. Early colonial days did not allow defendants the opportunity to hire their own attorney nor was one appointed. This right has been earned in incremental stages involving several precedent cases. Those cases include Powell v. Alabama‚ 287 U.S. 45 (1932)‚ Johnson v. Zerbst
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Right to Counsel Unit Seven Assignment LS305 Allan Valentine 09/29/2013 The Sixth Amendment to the Constitution of the United States said: In all criminal prosecutions‚ the accused shall enjoy the right . . . to have the Assistance of Counsel for his defense." The earlier cases regarding Right to Counsel were fought in the state courts. In Webb v. Baird‚ 6 Ind. 13 (1853) the state court ruled that an indigent suspect had the right to be appointed a counsel at the state’s
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