Joint Venture: Proportionate Consolidation Method & Equity Method Andrea Marciana B. Diwa Modadv1– K32 10926739 June 11‚ 2012 - Monday INTRODUCTION Joint venture is identified as a topic of study because of the massive rise in international joint ventures during the business globalization and because of the different joint venture accounting practices across countries. The increasing trend to produce financial statements which are free from errors and misstatements lead to the
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1. Joint venture between TCL and Alcatel In 2004‚ TCL Technology Holdings Limited‚ a multinational electronics conglomerate from Huizhou‚ China entered into a mobile phone manufacturing Joint Venture with Alcatel‚ a global corporation in telecommunication equipments‚ services and applications from Paris‚ France‚ in a bid to foray into the global market. The joint venture company - TCL and Alcatel Mobile Phones Ltd (TAMP) - managed research and development (R&D)‚ sales and distribution of mobile
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Summary This case explores the possibility of a brand extension for Revital‚ the bestselling vitamin and mineral supplement and number-one nutraceutical brand in India and a top Ranbaxy Global Consumer Healthcare product. The case examines Revital’s shift from a prescription product to a popular over-the-counter (OTC) brand and explores Ranbaxy’s strategies to position Revital as the brand with the highest recall. It assesses Revital’s competitors in India’s booming nutraceutical market in a scenario
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Introduction In the reading "A first time expatriates experience in a joint venture in China" we have come to understand the nature and structure of the joint venture between the U.S.A. and China and the role that James Randolf played to strengthen and maintain the international partnership. Controls Inc. was a subsidiary of the parent company Filtration Inc. and so was shielded from any outside competition. When Controls Inc. was given the charter to pursue its own business they realized
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Background PepsiCo is currently involved in 7 Joint ventures in People’s Republic of China (PRC) and is in the proposal process of investing into an equity joint venture in the city of Changchun.This proposal would be one of the first two green field equity joint venture with PepsiCo having control over both the board and day-today managmenet. PepsiCo uses capital budgeting tools such as NPV and IRR to systematically evaluate their investment project. Using this evaluation method Mr Hawaux‚ vice
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I would like to especially thank my Professors- Mr. Y G Chouksey‚ my oldest friend and source of inspiration in the institute; Mr. S Jayaraman How can I forget to thank Mr. Vimlendu K Singh (GM-API Business‚ Ranbaxy Laboratories Ltd)‚ due to whom my dream of working with Ranbaxy came to a reality. My sincere thanks to him for all his support and efforts to make me comfortable in the organization. And lastly my thank to the one who is my most consistent friend. He never speaks to me‚ yet
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Introduction Eli Lilly and Company was established on May 10‚ 1876 in Indianapolis‚ IN and has been in business more than 132 years. The founder of this pharmaceutical company was Colonel Eli Lilly who was a union army member during the Civil War. This company deals with the development‚ discovery‚ sell‚ and manufacturer of drugs‚ such as Prozac and integrates supply-chain management within its departments. The first success that the company achieved was the coating of pills using gelatin. In 1923
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[pic] Lilly Ledbetter Fair Pay Act of 2009 Tawnie Smith OLRM 225 Module 5 Defined as: An Act to amend title VII of the Civil Rights Act of 1964 and the Age Discrimination in Employment Act of 1967‚ and to modify the operation of the Americans with Disabilities Act of 1990 and the Rehabilitation Act of 1973‚ to clarify that a discriminatory compensation decision or other practice that is unlawful under such Acts occurs each time compensation is paid pursuant to the
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Petroecuador (Ecuador) and Sinopec (China) Oil Joint Venture Petroecuador and Sinopec agreed to create a Joint Venture that was supposed to be a big opportunity for both‚ the Latin American and the Asian country. These two companies are different in many ways‚ especially in the size of their profitability and technology development. Sinopec International Petroleum belongs to Sinopec Corp.‚ which is one of the largest integrated energy and chemical companies in China. It business mainly covers
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Financial Analysis Eli Lilly & Company 2013 Annual Report Group Group 22 Ibrahim Ibrahim Al-Oraifi Al-Oraifi Dheya Dheya Al-Shehabiyah Al-Shehabiyah Namir Namir Al-Bassam Al-Bassam Happy Happy New New Year‚ Year‚ 2015 2015 Company Confidential © 2013 Eli Lilly and Company INTRODUCTION Founded in1876 by Col. Eli Lilly Headquarters in Indianapolis‚ Indiana The first company to mass-produce penicillin The world’s largest manufacturer and distributor of psychiatric medications • Products marketed
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