GENERAL MOTORS BLUE MACAW BRAZIL Plant X-Brazil Analysis Finance 570: Group Project Presented By: Abhijit Joshi‚ Kate Urpsirisuk‚ and Matthew Smith. Company Background Headquartered in Detroit‚ MI (NYSC: GM) CEOs – John F. Smith: Nov 1992 – May 2000 – Richard Wagoner: Jun 2000 – Present Founded in 1908 Annual global industry sales leader for 76 years Manufacturing facilities in 33 Countries Brazil’s Improving Economy Plano Real (1994) intended to stabilize Brazilian economy
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Banking on Argentina Background: London based HSBC derives its name from its founding members‚ the Hong Kong and Shanghai Banking Corporation Limited was established in 1865 and it permitted trading between China and Europe. After World War II HSBC expanded and diversified its business into Canada‚ Australia‚ and the United States; and in the 1990’s expanding further into Brazil and Argentina. HSBC entered into Argentina in 1997 because their GDP had just grown by 6.1% in the last 6 years
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forms of recent financial crises: (1) short term volatility‚ (2) medium term misalignments including excessive international capital flows‚ and (3) contagion. We are going to analyse the Argentina peso crisis‚ Mexican peso crisis‚ Brazilian and the Zimbabwean Dollar crisis. The Argentina peso crisis: In 1998 Argentina entered a recession; by late 2001 the economy was in a full blown depression. According to the Wikipedia. The depression began due to the Russian and Brazilian financial crises and worsened
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Definition of Symbolism Symbolism is the use of symbols to signify ideas and qualities by giving them symbolic meanings that are different from their literal sense. Symbolism can take different forms. Generally‚ it is an object representing another to give it an entirely different meaning that is much deeper and more significant. Sometimes‚ however‚ an action‚ an event or a word spoken by someone may have a symbolic value. For instance‚ “smile” is a symbol of friendship. Similarly‚ the action
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to euromonitor‚ Argentina has a population of 41‚240‚000 people. 4‚417.300 of the population of Argentina is 65+. The forcast for 2015 will show that 11.1 percent‚ of the people who lives in Argentina. Will be 65 or older. In 2015‚ 16 percent of the people will be in their twenties. Between now and 2015‚ 15 percent of the people will be in their thirtees. When you look which agegroup will make the biggest growth. From now till 2020 it will be the agegroup of 35-49. In Argentina 15‚149.470 have
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Argentina: Like other countries Argentina suffers from environmental degradation. The main threats to its biodiversity and landscapes are deforestation and pollution. In Argentina‚ there are many environmental issues that include air pollution‚ inaccessibility‚ dissatisfaction with garbage disposal‚ dirtiness‚ water pollution etc. One of the biggest factors of pollution in Argentina would be air pollution‚ which to a certain extend is caused by the society. Despite knowing that transport
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! Case Study 6 Foreign exchange hedging strategies at General Motors: Transactional and translational exposures ! General Motors (GM) was the largest automaker in the world‚ and the unit sales in 2001 was 8.5 million vehicles which occupied 15.1% of the total vehicle market. With the expansion through the world‚ GM faced more risk in the foreign exchange (FX). In other world‚ it would create gains or losses due to the changes in FX rate. According to the exhibit 2 and exhibit 3‚ Latin
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Argentina’s business culture‚ this essay will discuss the history of Argentina and how its culture today is affected by its early beginnings. Also it will describe the important elements and dimensions‚ religion‚ the government‚ and the people of Argentina‚ and what influential roles each of these elements play in the Argentinean culture and how those roles are translated into the economy. In addition to talking about Argentina‚ this essay will also compare the Argentinean social and business culture
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exposures (translation exposures). Second‚ GM aims to minimize the management time and costs dedicated to global FX management. The company employs a passive FX management strategy since an internal study determined that the investment of resources in active FX management had not resulted in significant outperformance of passive benchmarks. The third objective is to align FX management with the firm’s core automotive business. The passive policy adopted by GM is to hedge 50% of all significant foreign
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------------------------------------------------- GM crops: Promise and reality The introduction of the first transgenic plant 30 years ago heralded the start of a second green revolution‚ providing food to the starving‚ profits to farmers and environmental benefits to boot. Many GM crops fulfilled the promise. But their success has been mired in controversy with many questioning their safety‚ their profitability and their green credentials. A polarized debate has left little room for consensus
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