CHAPTER 5 The Balance of Payments and International Economic Linkages EASY (definitional) 5.1 A balance of trade deficit results in a current account a) deficit b) surplus c) IMF intervention d) World Bank loan Ans: c Section: Current account Level: Easy 5.2 The change in private domestic borrowing or lending required to keep payments in balance without adjusting official reserves is called a) the net liquidity balance b) the balance of payments c) the balance on current account
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regard their locations or primary market bases‚ but also consider the rest of the world. In this context‚ more and more companies start to run multinational business in various parts of the world. In this essay‚ companies which run multinational business are to be characterized as multinational companies’. By following the globalization campaign‚ multinational companies’ supply chains can be enriched‚ high costs work force can be transformed and potential markets can be expanded. Consequentially‚ competitive
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ORGANIZATION‚ AND ORGANIZATIONAL PERFORMANCE IN MULTINATIONALS Chich-Jen Shieh‚ I.-M. W.-J. (2009). The relationships among cross-cultural management‚ learning organization‚ and organizational performance in multinationals. Social Behavior and Personality ‚ 37(1)‚ 15-30. This paper written by (Chich-Jen Shieh‚ 2009) emphasize on the relationship among cross- cultural management‚ learning organization and organizational performance in multinationals. The author wants to analyze the relationship
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structure‚ material and undertaking. To coordinate: layout the timing and sequencing of activities; bind together‚ unify‚ and harmonize all activities and efforts. To command: put the plan into action; set the work in operation. To control: monitor and correct; see that everything occurs in conformity with established rules and expressed command. (Fayol 1984) From this‚ Fayol established 14 principles of management which has been seen to greatly influence how organisations are managed‚ yet these principles
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CHAPTER 10 Measuring and Managing Translation and Transaction Exposure EASY (definitional) 10.1 ___________ a certain currency exposure means establishing an offsetting currency position so that the gain or loss from the exposure on the original currency is exactly offset buy the gain or loss from the currency hedge. a) Arbitraging b) Cross-hedging c) Hedging d) Risk shifting Ans: c Section: Alternative measures of foreign exchange exposure Level: Easy 10.2 Hedging cannot provide protection
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In this paper I intend to explain what the Divine Command Theory means according to Emil Brunner and how Kai Nielsen objects to that theory. I plan to do this by an explanation of what Divine Command Theory is as opposed to Humanistic Ethics. I plan to show that abandoning religious ethics in support of Humanistic Ethics is not reasonable. What is Divine Command Theory? According to Emil Brunner "Genuine humanly good is found only in the unconditional‚ unquestioned obedience of man to God." That
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Daisy’s part: The complicated and good idea of this article: This article is main focus on whether The Stakeholder Approach as a mainstream academic and management literature‚ is consistent with sustainable world goals and whether the application of The Stakeholder Approach at the level of the management could see sustainable world goals retarded or progressed. There are two different approaches to formulating the features of the sustainable world‚ which are reformist approach and Transformational
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Multinational Corporations and Foreign Direct Investment: An Analytical Look at their Determinants‚ Characteristics‚ Costs and Benefits for Host and Investing Countries. As Foreign Direct Investment (FDI) flows have increased dramatically in recent decades‚ the issues of FDI have attracted strongly scholarly interest. First of all‚ FDI is defined as an investment in one economy by a multinational or transnational corporation based in other country. It involves a long-term relationship and either
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FOREIGN DIRECT INVESTMENT FDI - occurs when a firm invests directly in facilities to produce or market a product in a foreign country. Two main forms of FDI 1. Greenfield investment 2. Acquiring and merging with overseas firm US most favourable target for FDI inflows because of its; * Large and wealthy markets * Dynamic and stable economy * Favourable political environment * Openness to FDI Another way of looking at FDI (gross fixed capital) which summaries the tatal
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Case Study – Tesco: From Domestic Operator to Multinational Giant. 1. Identify the reasons behind Tesco’s Internationalization Strategy. Tesco sought to take advantage of undeserved and immature markets‚ particularly in Europe and followed by Asia. Central Europe in particular was the first phase of its expansion in the post-soviet era. Tesco had achieved measurable success in the UK market which was highly regulated and competitive. Due to regulatory pressures‚ Tesco focused on its operations
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