Managing Foreign Exchange Risk Everything about the deal was acceptable to PEMEX and Hyundai in September‚ 2010. The final negotiated price for 7500 new Hyundai “Aguila” automobiles was 58 Billion KRW (Korean Won). Payment was expected upon delivery‚ scheduled for exactly twelve months later. As PEMEX CFO Carlos Trevino saw it‚ there was one major concern: foreign exchange risk. A decision had to be made fast‚ due to the operating contract with the Mexican Government and Mexico City officials
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Case Studies - BPR in Poland The first ever Business Process Reengineering (BPR) project in the formerly communist countries of eastern Europe was completed on October 28th‚ 1994 by Wizdom Polska‚ the Polish subsidiary company of Wizdom Systems‚ Inc. Wizdom has once again taken BPR to new frontiers‚ achieving unprecedented results in the massive task of Reengineering a company laden with the residuals of 50 years of central planning. The company‚ Stomil Sanok S.A.‚ is a manufacturer of rubber
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and industrial espionage. “Jose Ignacio Lopez de Arriortua was known as the "Grand Inquisitor" and "Super Lopez" during his tenure at General Motors‚ a wizard of cost reduction and streamlined production” (Vettraino‚ 2008). He is one of the most respected individuals in the automobile industry .Under the leadership of Jack Smith‚ the Chairman of General Motors‚ Lopez revolutionized GM in the area of cost-control. He is noted for striking hard bargains with suppliers and will push till he attained
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whether you agree with the company’s strategies to deal with its three most significant risks. Compare the risks highlighted by the company you select with those listed by its three major competitors. Based on this comparison‚ you will decide whether your company has identified the correct major risks. Then‚ based on a comparison with the strategies highlighted by its competitors‚ you will determine whether your company is on the right strategic path to deal with the risks. If you decide that your company
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comparing data from 1993 and 1994 Very well researched General Motors - Financial Ratio Analysis I. General Motors History Highlights In its early years the automobile industry consisted of hundreds of firms‚ each producing a few models. William Durant‚ who bought and reorganized a failing Buick Motors in 1904‚ determined that if several automobile makers would unite‚ it would increase the protection for the group. He formed the General Motors Company in Flint‚ Michigan‚ in 1908. Durant had bought
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CHAPTER 14 INTEREST RATE AND CURRENCY SWAPS SUGGESTED ANSWERS AND SOLUTIONS TO END-OF-CHAPTER QUESTIONS AND PROBLEMS QUESTIONS 1. Describe the difference between a swap broker and a swap dealer. Answer: A swap broker arranges a swap between two counterparties for a fee without taking a risk position in the swap. A swap dealer is a market maker of swaps and assumes a risk position in matching opposite sides of a swap and in assuring that each counterparty fulfills its contractual obligation
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1. What are the advantages and disadvantages of General Motors’ strategy for operations? GM is now using Toyota’s strategy (partnerships and alliances) for operation in its newest factories‚ located in Argentina‚ Poland‚ and China. The advantages of GM’s strategy for operations are: i) Standardized plants helped cut production costs substantially and allow it to succeed in the world’s emerging markets. ii) Factories are designed with flexibility and efficiency so that each factory can be easily
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MANAGING CORE RISKS IN BANKING: ASSET-LIABILITY MANAGEMENT (ALM) BANGLADESH BANK Asset Liability Management Policy Asset Liability Management (ALM) is an integral part of Bank Management; and so‚ it is essential to have a structured and systematic process for manage the Balance Sheet. Banks must have a committee comprising of the senior management of the bank to make important decisions related to the Balance Sheet of the Bank. The committee‚ typically called the Asset Liability Committee (ALCO)
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Ford Motor Company seems to be doing quite well‚ in comparison to last year. Estimates for vehicle sales appear to keep inflating‚ however‚ there is no such thing as zero risk. There are some factors that could upset vehicle sales. Here is how U.S. vehicle sales came in last year‚ with projections for this year: These estimates are critical in order for Ford to prepare operations and inventories to meet the demands of the consumer. Obviously‚ if management overestimates sales‚ then Ford Motor
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competition. The project analysis is based on General Motor’s Company‚ which has seen ups and downs in its illustrious history. The establishment or entry into the automotive market wasn’t a difficult task for GM. The company’s financial situation was hit with severe competition from foreign rivals and its internal regional alliances. The other external factor that resulted in GM’s bankrupt situation is recession period. Applying‚ generic decision making strategies made the company recover its lost status
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