1. Is entry into the Argentine market a good strategic move for Continental? Entering Argentine market in 1993-1994 was a good strategic decision for Continental as one of the TOP5 cable TV companies in the US despite certain risks for several reasons: 1. Changes in the US regulatory environment created additional challenges for Continental’s core business: 1992 Cable Act limited the cable TV companies’ ability to raise cable rates whereas costs at market prices reached up to $2000/subscriber
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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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the new company in order to serve the highly protected car markets of Brazil and Argentina from within. In addition‚ their goal was to create a giant theoretically invincible in the Latin American market. The partners’ strategy was to share the risk of operating in a volatile market and support a wide model range. Soon after the fusion‚ Autolatina market share reached 60% in the Brazilian market and 30% in Argentina. Of German origin‚ Volkswagen was originally founded in 1937‚ with the goal of
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The documentary film “The Take” or “La Toma” shows Argentina in the midst and the aftermath of an economic collapse as unemployment skyrockets and almost half the country plummets below the poverty level. In the beginning of the documentary‚ shows an emerging economy transitioning into first world status comparing it to Australia or Canada where Argentina was considered the most prosperous middle-class in Latin America. However‚ the country took a turn for the worst under the presidential reign of
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outsourcing of beef‚ PCC is considering Argentina‚ Australia‚ and/ or India. There are a number of concerns that must be addressed when it comes to importing raw materials from any one of these countries: 1) Political and Legal Considerations 2) Economic Performance and Management 3) Government Protectionist Policies The matter of sourcing debt is relatively simple because there are only two options being deliberated; 1) Denomination in Philippine Pesos‚ or 2) denomination in US Dollars. II
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came to power in Venezuela and‚ like dominoes chain reaction‚ one by one countries in Latin America started swerving left. Following Chavez in Venezuela‚ Lula and it’s Worker’s Party came to power in Brazil‚ Nestor Kirchner and Tabare Vasquez in Argentina and Uruguay respectively‚ Evo Morales in Bolivia and Manuel Lopes Obrador in Mexico‚ to name a few. During this rise of the left in Latin America‚ foreign investors became reticent of parking their funds
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by far the largest producers of genetically modified (GM) crops (6)(8). Genetically Modified Crops are foods that have had a gene extracted from a living thing‚ which has been placed into a different food by a scientist. This technology can be used to produce new varieties of plants or animals more quickly than conventional breeding methods. Also to introduce traits not possible through traditional techniques. There are two main types of GM crops that are in commercial use around the world. These
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The worksheet “Insurance” in the Excel workbook MATH302_Midterm.xls‚ which is attached‚ contains data on the percentage of people without health insurance coverage. These data are based on samples taken in 2004 for the fifty states and the District of Columbia. Use these data to answer questions 1 and 2.a. On average‚ what percentage of the people in the fifty states and the District of Columbia do not have health insurance? Mean: 14.15 Round your answer to 2 decimal places as necessary.b.
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1) EUN Chapter 2 Question 8; Explain how special drawing rights (SDR) are constructed. Also‚ discuss the circumstances under which the SDR was created The SDR is a reserve asset and a denomination currency for international transactions. This reserve was allotted to the members of the IMF who could then use it for transactions amongs themselves or with the IMF. It comprises of four major currencies – the U.S. dollar‚ Euro‚ British pound and Japanese yen. It was created to alleviate
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Full Dollarization The Pros and Cons Andrew Berg‚ Eduardo Borensztein ©2000 International Monetary Fund December 2000 [Preface] [The Pros and Cons of Full Dollarization] [Questions About Pegs] [The Appeal of Dollarization] [The Risk Premium] [Seigniorage] [Stability] [Effect on Trade and Financial Links] [Exit Option] [Lender of Last Resort Function and Financial System Stability] [Conclusions] [Author Information] Preface The Economic Issues Series aims to make available
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