Question #01 Q # 1. What is international marketing? How it is different from domestic marketing? International marketing: International marketing involves recognizing that people all over the world have different needs. Companies like Gillette‚ Coca-Cola‚ BIC‚ and Cadbury Schweppes have brands that are recognized across the globe. While many of the products that these businesses sell are targeted at a global audience using a consistent marketing mix‚ it is also necessary to understand
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What is the weighted average cost of capital (WACC) for Marriott Corporation? WACC = (1 - τ)rD(D/V) + rE(E/V) D = market value of debt E = market value of equity V = value of the firm = D + E rD = pretax cost of debt rE = after tax cost of debt τ = tax rate = 175.9/398.9 = 44% Cost of Equity Target debt ratio is 60%; actual is 41% [Exhibit 1] βs = 1.11 βu = βs / (1 + (1 – τ) D/E) = 1.11/(1 + (1 – .44) (.41)) = 0.80 Using the target debt ratio of 60%: βTs = βu (1 + (1 – τ) D/E)
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LIVENT‚ INC.: An Instructional Case Michael C. Knapp Professor University of Oklahoma Price College of Business 307 W. Brooks Norman‚ Oklahoma 73019 Office phone: 405-325-5784 mknapp@ou.edu Carol A. Knapp Visiting Associate Professor University of Oklahoma Price College of Business 307 W. Brooks Norman‚ Oklahoma 73019 ABSTRACT: Like many financial frauds‚ the Livent‚ Inc. fraud was masterminded by a few individuals‚ primarily Garth Drabinsky‚ a Broadway “impresario” who had received
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Chapter 2 1. A conceptual framework is a coherent system of interrelated objectives and fundamentals that can lead to consistent standards and that prescribes the nature‚ function‚ and limits of financial accounting and financial statements. A conceptual framework is necessary in financial accounting for the following reasons: (1) It enables the FASB to issue more useful and consistent standards in the future. (2) New issues will be more quickly solvable by reference to an existing framework
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FOOD INC. I will begin by stating that it is unethical how food overlords have transformed old-fashioned farming into factory assembly lines of production. I find that the following actions are immoral because large food manufacturers threaten small farmers into producing vegetables/animals a certain way in order to “stay in business”. Consequently‚ farmers give up their right of free will; to speak freely‚ farm freely and treat their animals with integrity. Not only is this unprincipled issue
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Finding A New Warehouse and Office for Blue Bell Creameries Operations Management Blue Bell Creameries 1 Founded in 1907 in Brenham‚ Texas‚ the Brenham Creamery Company originated as‚ and continues to be‚ a family owned business. It initially specialized in the making of butter. In order to produce this good‚ excess cream possessed by surrounding farmers was purchased. A few years later‚ the Brenham Creamery Company began making and selling ice cream. This action soon proved to be very
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Midterm Exam II Solution‚ ME 342 Fluid Mechanics (Spring 2013) 1. Consider a steady‚ incompressible‚ y=+h b viscous flow of viscosity due to y a pressure gradient x inside a channel of two fixed u=u(y) plates at a distance of 2h‚ as shown in the figure. Neglect a gravity effect. The channel width y=h b is W and it is very long compared to the channel length L (i.e.‚ W>>L) so that it is still valid to assume that the channel flow is a two-dimensional plane flow ( ) and an axial flow (v = w = 0)
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ABC Inc. has put together an education expense reimbursement program for qualifying employees. By signing this agreement‚ you agree to the terms and conditions of the program. As part of the education expense reimbursement program ABC Inc. agrees to give (Employee Name) $75 towards student loans for every 40hours worked and an additional $500 for every 6 months of employment if (Employee Name) stays within good standings in the company and school. (Employee Name) Agrees to the conditions below
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PGA TOUR‚ INC v. MARTIN Facts of the Case In 2001‚ a case called PGA Tour‚ Inc v. Martin was opened due to a disabled golfer‚ Casey Martin (respondent)‚ who proclaimed that the PGA Tour (petitioner) could not legally deny him the choice to ride in a golf cart in between shots. Preceding this case‚ the PGA Tour required that all golfers should walk in between shots after the third stage‚ and reasoned that this policy represented an important characteristic of the game of golf. The case was presented
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Described Historical Perspective: The historical perspective of Apple Inc. shows us that they were an innovative company that started the industries of successful computers‚ music players‚ phones and many other electronic items we have used over the past thirty years. Apple Inc. have had their ups and downs to include in depth software/hardware which was difficult for competitors and users to understand and mimic as well as holding face on their computer background with their innovative technologies
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