EXCHANGES RATE CHANGES ON TRADE BALANCE: THE CASE OF VIETNAM 1. Background of the study Among various subjects in the field of international trade and monetary policy, the relationship between real exchange rate and trade balance is one of the most popular topics, attracting extensive studies in last couple decades. Although a lot of efforts have been made, international trade economists have yet come up with a convergence point in theory to explain the moving direction of trade balance as the result
LIST OF CASES. DEVELOPMENTS IN AFRICA, MIDDLE EAST AND ASIA. Many of the states were early signatories to BITs, agreements prepared by capital exporting states. In the early 1980s, the Asian-African Legal Consultative Organization (AALCO) which was formed in 1956, published three draft BITs, which provided different models of investment liberalization and protection.(41) In 1980, the United treaties Agreement for the Investment of Arab Capital was signed in the Arab States creating an Arab Investment
transaction, Kraft intends to issue 265 million new shares, or 18% of the existing ones. Stockbroker Andrew Wood believes that Kraft has every reason to pursue the acquisition of Cadbury, as this would allow the American company to expand its confectionery business to more effectively compete with Mars. On the other hand, the head of an investment holding company Berkshire Hathaway Warren Buffett, the largest shareholder of Kraft Foods, marked that he felt poor because of this purchase (Chu 2010). He considers
STRATEGIC HUMAN RESOURCE MANAGEMENT: Strategic human resource is a technique allowing business to manage their human resources by giving entity the imperative structure to achieve future objectives and aims. Focusing on continual issues relating to employees, values, structure, culture, commitment and maintaining resources in an organisation. It is also defined as the direction and scope of organization over longer term, which ideally matches its resources to its changing environment, and in particular
the spread of Information Technology and mass media presenting an ever-changing and competitive business environment. The article deals with the practical consequences of globalization for human resource management (HRM). Globalization makes national culture an increasingly strategic issue that has to be faced and properly managed. The
their operations and as a going concern. Furthermore, the management is also required to assess specific standards and disclosure to be made in relation with going concern. One specific example is within IFRS or the International Financial Reporting Standards, and IAS or International Accounting Standards. Below is the “Presentation of Financial Statements” or AASB 101-26: “In assessing whether the going concern assumption is appropriate, management takes into account all available information about
* Horizontal: When the MNCs kick off similar business operations in different countries it becomes horizontal Foreign Direct Investment. It is actually a cloning that is happening here. Both the countries enjoy the same share of growth. FDI IN INDIA After getting independence in 1947, the government
IRACST – International Journal of Commerce, Business and Management (IJCBM), ISSN: 2319–2828 Vol. 2, No.1, February 2013 Rise of BRICS Economy and its Impact on Global Stock Markets Naganathan Venkatesh Research Scholar, NITTTR, Chennai, India Abstract The world is changing and becoming increasingly multipolar due to the emergence of China, India, Russia, Brazil and South Africa forming so called BRICS. The global influence of America is fading out due to the recent decline in their stock
the free trade and the many regional associations which are promoting trade across the national boundaries. The shift has provided new growth opportunities for companies who can now make profits beyond imagination. One great example which has benefited from globalization is Coca Cola. The foreign markets can provide a great opportunity for the companies than the local markets. There are different levels of internationalization of the businesses. The internationalization of the business creates new
achieved 4.5% market share after the first 12 months. 8. Research advertising companies. 9. Choose distribution/advertising companies. 10. Start marketing campaign. 11. Management will have weekly meeting to review progress. Task 3 Analyse the significance of EU directives and laws to Lily O’Brien’s Chocolates. EU laws and directives will be extremely relevant for Lily O’Brien’s . There are many laws related to food hygiene regulations. To insure these regulations are met properly trained staff