IntroductionThis report is to check the hedging strategy that was used and lead to the huge loss of CITIC Pacific Limited and point out the importance of managing foreign exchange exposure through select appropriate hedging strategies. The huge loss of CITIC Pacific Limited and its cause is discussed in the first part. The importance of hedging and the tools of hedging are respectively reviewed in part two and part three. Finally‚ suggestions are given out on how to design proper hedging strategies
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About the Companies 1.1 Cerebos Pacific Limited (CPL) Cerebos Pacific Limited (CPL) is a manufacturer and distributor of health supplements‚ Asian and Western food‚ and beverages to market throughout Asia and Australasia. The company’s products include its flagship BRAND’S chicken essence‚ other health supplements‚ coffee‚ sauces‚ canned products and desserts. BRAND’S® will celebrate its 175th Anniversary in 2010‚ with significant milestones underlined by the opening of new state-of-the-art manufacturing
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Case Synopsis A. The chairman of Citic Pacific‚ Larry Yung Chi-kin’s father Yiren Rong started the company in 1978. • Citic was started “to pioneer reform in the financial sector‚ lure foreign investment and technology to China and develop international business.” (Ko‚ 2009) • When Yung became involved with the company he began to acquire more companies. o Eventually had Citic Pacific listed as a red-chip company in the Hong Kong
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BSc (Hons) Business and Management Studies Level 2 Day Time Intakes 4 Economic of Industry Assignment CATHAY PACIFIC‚ founded by Roy.C.Farrell and Sydney H de Kantzow in 1946. It is now an international airline registered and based in Hong Kong serving over 180 destinations in more than 40 countries. It is more like an Oligopoly company because even though it is already a giant in financial and market network‚ small airlines firm could still come in and challenge its places
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Case 2: Pacific Brands: Rebuilding the brand Industry: Australian Textile(Apparel) Industry Australia listed company from 2004. Product segment of Pacific Brands: Underwear & hosiery: 1/3 of sales‚ contributes more than half of the earnings Workwear: account for just over 22% of sale Homewear: account for just over 22% of sale Footwear‚ outerwear and sport business: $175 million write-down on the division at February 2011 Market segment of Pacific Brands: Australian‚ New Zealand‚ UK
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country‚ one can realize that coffee is one of the most favorite products among American people. It has remained in the top positions for some decades. However‚ drinking coffee is not only the consumption of a product; it has become a daily activity. It is normal to hear this question when someone wants to meet up with one person: “do you want to get a coffee tomorrow and we can talk about...?” Any excuse is good enough to get a cup of coffee. The beginning of the coffee industry dates back to the 1960’s
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Coffee is the world’s second largest traded commodity it is used not only for drinking but for soft drinks and cosmetics as well‚ it is second only to oil according to all imports and exports from all countries. They are two main types Arabica coffee (most people are used to this and are more popular) and there is Robusta coffee. In the last two years the prices of coffee have been gradually falling (Ycharts. (2013). Coffee Arabica Price) alongside this‚ the supply of coffee has also been falling
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In today’s world of business‚ the ability to manage other human beings has many tasks. One of the major tasks of management is being able to effectively direct and control a team. When it comes to considering a position in management‚ having a leadership background is very important. There are a few things one must do in order to develop their leadership skills. The first thing that one needs is to have people skills. How easy is it for you to talk and communicate with someone? Can you carry
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Hong Kong institute of Vocation Education (Haking Wong) Department of Hotel‚ Service and tourism Studies Higher Diploma in International Hospitality Management (Level 4) HOS8407 Managerial Principles and Practices Content 1. Company profile P.2 2. Competitive advantages P.3 3. Characteristics of competitive advantages P.3 - 6 * Value * Rareness * Limitability * Substitutability 4. SWOT analysis
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1. Cathay Pacific implemented outsourcing of nonstrategic functions to contractors with their own individual vertical specialization so that Cathay can focus on its core aviation competencies. Outsourcing was bridging gap between the IM department and business side. “Systems development and Support” was changed to “System Delivery” as it started to focus on delivering IT systems to business units rather than writing code and developing applications so that systems can be delivered faster with less
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