International Business
INTERNATIONAL BUSINESS Case study Assignment Airbus versus Boeing: when is intervention Not Intervention? Task One: Globalization has given us access to new products, opened our eyes to new cultures, and helped us to share valuable information across borders, but sometimes the competition between companies from different countries can result in international legal disputes. One longstanding argument between the United States and the European Union (EU) is over government subsidies to aircraft manufacturers, specifically the American firm, Boeing, and the EU Company Airbus By looking at the case study Both the U.S. and the EU claim that the other government is subsidizing their domestic aircraft manufacturing industry. Subsidies are basically payments or other benefits given to a company by a government. Many subsidies are illegal according to the rules agreed to by the members of the World Trade Organization (WTO) because they create an unfair competitive advantage In the case study The EU counters that Boeing has received a great deal of help from the United States. Arguing that U.S. subsidies to Boeing dwarf the launch aid given to Airbus, the EU points to Boeing military contracts, research and development grants, state (e.g., Washington, Missouri) incentive programs such as tax breaks for plant location, tax breaks given to Boeing divisions overseas, and a
Why do you think that technological change occurs in some societies, and at some periods, and not in others? What are the implications of uneven technological progress in the world economy for economics disparities?
Comparative Growth in Asia and Africa Mandeep Soor Why do you think that technological change occurs in some societies, and at some periods, and not in others? What are the implications of uneven technological progress in the world economy for economics disparities? Technological progress is the improvement of ways to produce goods and services. The industrial revolution brought about the first boom of technology and innovation, which took place in Britain and rapidly spread over much of Western Europe. It is clear that toady there extremely large disparities in the world economy. One key factor of structural economic change is the rate at which a country industrializes, and it's advancement in technology. There have been many changes in history where the economic growth has been closely related to changes in technology, with industry from agriculture and then a shift towards services in modern day. Three great mechanical inventions during the Elizabethan period, printing which advanced literature, gunpowder later used for warfare and the compass which was vital in navigation were invented most likely in China, but all were used in these functions in Europe. (Rosenberg, 1982 p245) These are all examples of successful technology transfer and adaptation, which was just as, if not more significant in the technological advancement of a society. A society's rate of
Compare and contrast NPV with IRR as a method of investment appraisal
Compare and contrast NPV with IRR as a method of investment appraisal Investment decisions are vitally important to a business because it involves making an outlay of something of economic value, usually cash, which the outlay precedes to benefits. If a wrong decision is made, the effects on the business could be significant and it might also mean closing down the activity and sell the premises at a significant loss. The Internal Rate of Return (IRR) and Net Present Value (NPV) are both methods used in practice by businesses to evaluate investment opportunities (long-term assets, i.e. machineries). The method of NPV uses the discounting cash flow which recognizes money coming in the firm in the future will be worth less value than the money equivalent they have today. Reasons could include: * Interest lost- Any investment opportunity must make you wealthier than the returns that are available from the next-best opportunity. For example, investment in a project, i.e. machineries must have better than those from investing in the bank. * Risk- A higher rate of return is expected from projects where the risk appears as being higher and thus how large the risk premium must be. * Inflation- A general increase in the prices of goods and services in a country, which needs to be compensated to the investors for the loss of interest and purchasing power if the investment is to
Conservative Consulting ltd - Proposal and investment Plan, conservative consulting's investment proposal for Mr roberts.
CONSERVATIVE CONSULTING LTD PROPOSAL AND INVESTMENT PLAN CONSERVATIVE CONSULTING'S INVESTMENT PROPOSAL FOR MR ROBERTS EXECUTIVE SUMMARY Conservative Consulting Ltd is a leading provider of customised management and investment-consulting services utilising accomplished investment and business executives. We bring experience in building successful million pound plus asset management portfolios. Our aim is to help clients identify and implement key strategic initiatives, investment services/policies, tax efficient and socially responsible investments to help them increase sales/assets, income, profitability and personal satisfaction. With decades of management experience in all aspects of investments and business disciplines we work beside you to provide timely execution, customised solutions, follow-through, honesty and integrity. Our responsibility is to you. Conservative Consulting Ltd does not manage money or transact securities so we are not in competition with you. HAVE OUR EXPERIENCE AND SUCCESSES IN INVESTMENT AND MANAGEMENT WORK FOR YOU. CONTENTS PROPOSAL AND INVESTMENT PLAN CONSERVATIVE CONSULTING'S INVESTMENT PROPOSAL FOR MR ROBERTS INTRODUCTION 1.1. PORTFOLIO CLIENT This portfolio has been produced for Mr. Roberts, a university professor at the University of Nottingham who approached Conservative consulting with the aim for us to invest a sum of £300,000
Employment Relations - Are social partnership agreements a sign of union and management weakness?
Nikki James Tutor: Dr Ian Kessler Essay Week 4 Employment Relations Are social partnership agreements a sign of union and management weakness? Social Partnership, "represents an attempt to define a role for trade unionism which balances its central concern to represent employees' interests with a productivist appeal to employers and government." (Claydon, 1998) Social partnership, according to the Trade Union Congress (TUC) is based on four main elements. These elements are: ) employment security in return for acceptance of new working practices 2) collective employee voice in organisational decision-making through wider consultation 3) fair financial rewards 4) investment in training (Claydon, 1998, Monks, 1998) The idea of a partnership is that the concerns of both employers and employees are addressed. Employers and employees can then identify the issues that are common goals, to create a 'win-win' situation. They can also negotiate conflicts, for example by workers accepting new working practices in return for higher employment security, in fact Monks (1998) identifies this example as the heart of the partnership approach. This is the first prong of the partnership concept. An example is the 1996 agreement at Blue Circle where employees received guarantees of employment security provided they were prepared to undertake a range of jobs. The second prong
India's Growth Prospects: Revisited
September, 2004 India's Growth Prospects: Revisited A couple of years ago I published a paper in EPW on India's medium-term growth prospects (Acharya:2002b) in which I concluded that "On a balance of considerations, it might be reasonable to expect growth in the next five years to fluctuate in the range of 4 to 6 percent, perhaps averaging close to 5 percent." A few months later the Tenth Five Year Plan was published, boldly projecting 8 percent growth for the period, 2002/3-2006/7, despite the anemic performance of 4 percent expansion in the first year, 2002/3, of the Plan. The drumbeat of growth optimism continued in ensuing months fuelled by the strong economic recovery of 2003/4 and a spate of analytical papers (including in EPW) extolling India's medium and long-term growth prospects. The drumroll reached a crescendo in the early spring of 2004 with the "India Shining" campaign. While the totally unexpected election results of May, 2004 have taken much of the shine off the shining campaign, the academic optimists still march boldly on (for example, Kelkar:2004 and Rodrik and Subramanian:2004). In the light of such growth optimism of the past two years should I revise the more moderate medium-term growth outlook presented in my earlier paper? That is the issue I address in this brief paper. I. Short-term Factors As noted
The day we will never forget in our life.
Jaimin Shah January 23, 2003 College Writing Pam Cross. Instructor Topic 1 The day we will never forget in our life. It was September 11, 2001 seemed like a normal day. I was attending my 1st class in high school of my senior year at Absegami High School, Atlantic County. I was all happy because I was having a study room and I was having a nap of half an hour. I had my all homework done. I had nothing to do. It seemed like a perfect normal day. Then I went to another class. It was about 8:15 or 8:30. Suddenly a teacher comes from another class and says there is a big crash of airplane on World Trade Center. On September 11th the initial reaction was "oh my god". To be quite honest when the teacher said the news on about the tragedy I would not let me believe the story. But when I came home I turned on the news and saw the footage. Unlike a regular teenager i was glued to the T.V. My thoughts and sympathy are still with the great Country over there even though it has over a year now since the attacks. It seemed like it was just a small plane but unfortunately it wasn't. But later on another plane gets crashed on another tower of WTC. It wasn't an accident but those planes were intended to hit the two towers. Then everyone was scared about the people who were in those two towers and two planes. I was about to get out of the school and runaway because everyone was scared
Dubai's economic strategy is based on a policy to decrease dependence on oil as the major source of income. This is reflected in the increasing development of the trade sector, agricultural reform,
Economical and financial Issues: Introduction: Dubai's economic strategy is based on a policy to decrease dependence on oil as the major source of income. This is reflected in the increasing development of the trade sector, agricultural reform, national industry and national and international investment. (http://www.cityscape-online.com/page.cfm/link=26) )Trade: Trade has always been an important contributor to Dubai's economy and the emirate has done its best to take advantage of its position at the crossroads of East and West. Decades ago, Dubai established itself as a trading centre. In those early days businessmen from Iran and India came to Dubai to buy goods for sale in their own countries. Now a great variety of goods are exported from Dubai daily by land, sea and air. Oil & Gas Communications and technology :Telecommunications technology is another area in which Dubai leads the charge. Etisalat, which is the UAE's provider of telecoms services, offers the latest in technology. A groundbreaker in terms of new products, Etisalat is working to implement third generation mobile telephony networks by 2004. Dubai International Financial Centre Located at the crossroads of the major international capital markets of New York and London (in the West) and Hong Kong (in the East), Dubai is the complementary hub connecting the region with the 24 hour/7 days a week global
Latin America has on the whole experienced a sustained rise in attracting Foreign Direct Investment since 1990.
Latin America has on the whole experienced a sustained rise in attracting Foreign Direct Investment since 1990, but whilst not all the nations in this area have been able to attract and reap the benefits of foreign companies willing to invest heavily in the region there have been some, perhaps surprising, success stories. One of the strongest economies in this financially erratic region is that of Chile. Widely recognized for its success in pursuing economic policies that have been on the whole beneficial, Chile has experienced impressive growth rates in both its Gross Domestic Product and its Foreign Direct Investment (FDI) over the past thirty years. The era of military rule from 1973 to 1990 saw the Government follow a route of privatisation of its assets and the democratic Governments since 1990 have continued to pursue this policy and Chile has, for a long time, been widely regarded as being supportive and welcoming to Foreign Direct Investment and its economy today is highly dependant on the billions of dollars they have attracted over the years. Between 1973 and 2002 FDI amounted to 61.8 billion U.S. $ with 53 billion of this coming in after 1990 and the money attracted now accounts for 8% of Chile's GDP1 and the governments realisation of this is reflected by national law that is attractive to the foreign investors who's companies can engage in a contract with the
the electronic business system of Amazon.com, Inc
.0 INTROUCTION This report aims to critically evaluate the electronic business system of Amazon.com, Inc. This objective will be achieved in this report by clearly explaining E business, Principle-Based Systems Analysis (PBSA) methodology or any other related terminologies. Further these systems will be compared and critically evaluated to the operational method of the e-business activity carried out by Amazon. 2.0 E BUSINESS "E-Business is the conduction of business in the electronic marketplace. In practice, this involves the introduction of new revenue streams through the use of e-commerce, the enhancement of relationships between clients and partners and improving efficiency from using knowledge management systems. E-business can be conducted over the public Internet, through internal intranets and over secure private extranets." (K-Solutions 2000) However the most basic definition or explanation of e-business is "using the internet to connect with customers, partners, and suppliers. But the term also implies the transformation of existing business processes to make them more efficient." (Netessence 2003) E Business in a lay mans terms is conducting of business over the internet. Today it is more generic than the term e commerce because it not just buying and selling but also about customer servicing and business collaborations. 3.0 ABOUT AMAZON.COM, INC