1. Effective Interest Rate on the new 10% debentures = 14.318% For the 10% debentures‚ the market value of 1 share is $19.5 (given) The equivalent of this is a cash offer of $3/share and a 10% subordinated debenture of face value of $23. So the PV (10% subordinated debentures with FV $23) = $19.5 - $3 = $16.5 The effective interest rate (yield) on the above is that interest rate ‘r’ that gives the following PV (Per period payment of ($23*5% i.e. $1.15) over 40 periods @ r) + PV
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Starbucks: Delivering Customer Service 1. Key Problems that needs to be addressed by the company are: * The complexity of the barista’s job to prepare customized beverages has been increasing considerably which is affecting the service time. This might have led to reduction in customer satisfaction which could affect the company’s brand image and revenues. * The company did not have an individual department for Marketing Strategies. This kind of structure overburdened the senior executives
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ELECTRONIC BUSINESS (BEB3014) CHAPTER3: CASE STUDY CASE STUDY: Microsoft and the People’s Republic of China Software piracy has been a major challenge for software makers such as Microsoft that want to sell software in the global marketplace. Laws that protect intellectual property vary from country to country‚ and the laws in many countries provide little or no protection. Governments in developing countries are reluctant to increase the protections afforded by their intellectual property
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THE AMERICAN INTERNATIONAL BANK CASE * Summary of the Situation Tamara Long sat in her office reflecting on the tough past 6 weeks. She was the head of the international department at the American International Bank (AIB). Six weeks ago‚ the Chairman of the bank had called Tamara into his office. A bulletin had just come over the bank ’s wire indicating that a military coup had taken place in Portugal. The bulletin also reported that the new military dictator had frozen all foreign assets in
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Spitz International Case Study Tanya Latham-Corbett CBU ID 880745 Marketing Management 3301:76 Elaine MacNeil February 2‚ 2015 Table of Contents Background 3 Statement of Problem or Issue 3 Primary Issues 3 Secondary Issues 4 Situation Analysis 4 Analysis of Alternatives 5 Recommendations and Implementation 6 References 7 Background Spitz International is a Canadian company which started out by supplying seeds to be used in bird seed. The company was started in 1982 by
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the long and rewarding process of conducting international outreach‚ it is crucial to decide what the purpose of the team’s international outreach plan is. Committing to international outreach will become difficult if the sole intention is to receive awards or simply go on a vacation. It is important to understand that conducting international outreach is a multiyear process and is not to be expected to have an immediate impact. When pursuing international outreach‚ the intent is to give back and make
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Flextronics Case Summary Flextronics International case study discusses the challenges that the CEO‚ Michael Marks‚ faces in a global economy where the technology industry keeps changing at a rapid pace. Flextronics is trying to discover a new identity and not just manufacture a product for customers‚ but design and sell a phone to potential customers. Flextronics went from taking the designs from companies and building them‚ to developing their own designs. Marks needed to decide if creating
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3.1 Context of the training program TTA-International is a leading supplier in the field of learning solutions. TTA International’s heritage is founded in the automotive sector‚ producing learning content for use across manufacturing supply chains‚ sales and service networks. TTA has recently designed a training for one of their clients; Energyst CAT. Energyst CAT Rental Power is one of the world´s leading providers of power and temperature control rental solutions. Their rental equipment includes
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The bottom of the economic pyramid concept has pros and cons alike. From a business perspective there are vast untapped markets sitting there waiting for someone to take hold. Unfortunately‚ the limitations of entering new global markets make it difficult and possibly unsafe for companies to tap some markets. The obvious potential to add a new source of revenue should be tempting for large companies who have the means to attempt breaking into a new market. Overcoming the “red tape” per say has
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Main Problem Microsofts domination of the Chinese software industry and failure to adapt their strategy to the chinese culture. Due to this‚ Microsoft experienced patent‚ piracy‚ and several political challenges with the chinese government and local firms. China’s respect for intellecual property rights is underdeveloped and the chinese governemtn has not taken sufficient steps to defend ipr. Alternative Solutions 1. Continue to partner with local governments‚ FBI‚ chinese officials‚ american
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