IB207 Xiaochen Hu 701821410 Case 2 1. What were the reasons for Euro Disney’s problems in Europe? First‚ Euro Disney’s poor performance due to the management lacked on understanding of the cultural difference between two nations. Disney goes (very deep) into the American consciousness‚ its themes were chosen to appeal to a wide variety of American interests and tastes‚ its parks were filled with images of American culture‚ and its cartoon characters had become staples of the American youth experience
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swap quotes when you need it. Years 1 2 3 4 5 Euro Bid 2.99 3.08 3.24 3.44 3.63 Ask 3.02 3.12 3.28 3.48 3.67 Swiss franc Bid Ask 1.43 1.47 1.68 1.76 1.93 2.01 2.15 2.23 2.35 2.43 U. S. dollar Bid Ask 5.24 5.26 5.43 5.46 5.56 5.59 5.71 5.74 5.79 5.83 Japanese yen Bid Ask 0.23 0.26 0.36 0.39 0.56 0.59 0.82 0.85 1.15 1.18 1. （Fill out the answers， 7 pts） a. (Motivation of Interest rate swap) Caterpillar Inc has issued $200m Euro-dollar bonds. The coupon rate of these bonds is equal
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from September 1‚ 2010 to October 4‚ 2010 the share price of Colruyt fluctuated between 197.25 and 194.10 euros. These small fluctuations were caused due the longer opening hours‚ a disappointing profit forecast‚ etc. In the period from September 1‚ 2010 to September 28‚ 2010 the shares of Ahold showed a steady increase of 49 cents per share. The shares fluctuated from 9.68 to 10.17 euros. This increase was due to the 3% higher net profits generated by Ahold. This was beyond Ahold’s expectations
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article studies about the “Asian and Euro-American parents’ ethnotheories of play and learning: Effects on preschool children’s home routines and school behaviour.” It was written by Parminder Parmar‚ Sara Harkness‚ and Charles M. Super; Pamar is from the Pennsylvania State University‚ and the other two researchers came from the University of Conneticut‚ both universities can be found in the USA. The article is studying and discussing about the different views of euro- America parents from Asian parents
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Explain the aggregate supply in the short run. In the short-run‚ the aggregate supply curve is upward sloping. There are two main reasons why the quantity supplied increases as the price rises: 1. In the short-run‚ the nominal wage rate is fixed. As a result‚ an increasing price indicates higher profits that justify the expansion of output. 2. An alternate model explains that the AS curve increases because some nominal input prices are fixed in the short-run and as output rises‚ more production
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launch of the EURO 4 II. The Euro-crisis 5 The EURO Crisis: Timeline of the Events 5 2001-2008 5 2009 5 2010 5 2011 6 2012 7 The EURO Crisis: The result of a failed European Integration. 7 III. Redefinition of the European Integration 9 Addressing the Crisis through remedies 9 New rules for integrating new countries 9 Conclusion 10 Bibliography 11 Newspaper articles (online/electronic article) 11 Books 12 Introduction The obvious answer is that yes‚ the euro-crisis has
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given by (a) re = πe + R (b) re = 2πe + R2 (c) re = πe + R2 (d) re = R – πe (e) re = R2 – πe Answer: D (6) Suppose that the one-year forward price of euros in terms of dollars is equal to $1.113 per euro. Further‚ assume that the spot exchange rate is $1.05 per euro‚ and the interest rate on dollar deposits is 10 percent and on euro it is 4 percent. Under these assumptions‚ (a) Covered interest parity does hold. (b) Covered interest parity does not hold. (c) It is hard to tell whether
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contract was signed at a price of 90 euros between Asiacar and Plasticom. Morgan Components took ownership of the contract‚ as it acquired the Clondalkin plant of Plasticom. The project was seen infeasible by Morgan Components executives‚ even before the price reduction. Therefore‚ first a unit based cost breakdown analysis was applied. It was observed that with the current production processes‚ the minimum price that Morgan Components could afford was 80 euros. Then the possible process improvements
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Canada‚ 1600-1800‚” the author describes the Euro-American’s views of Native American childbirth and illustrates that people’s experience with reproduction is shaped by their own cultural values and previous knowledge. For Euro-American women‚ this probably involved similar emotions and events as to what we see today- pain‚ nervousness‚ excitement‚ and celebration. But for Native American women‚ this experience was anything but a spectacle. For Euro-Americans‚ childbirth was a social event. They
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Questions 1. What factors contributed to Euro Disney’s poor performance during its first year of operation? What factors contributed to Hong Kong Disney’s poor performance during its first year? 2. To what degree do you consider that these factors were (a) foreseeable and (b) controllable by Euro Disney‚ Hong Kong Disney‚ or the parent company‚ Disney? 3. What role does ethnocentrism play in the story of Euro Disney’s launch? 4. How do you assess the cross-cultural marketing skills of Disney? 5
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