What was the stated objective of General Motors Risk Management policy? Three primary objectives: 1) Reduce cash flow and earnings volatility – this means management hedges the company’s transaction exposures and deliberately pays no attention to any balance sheet exposures or translation exposures. 2) Minimize the management time and costs dedicated to global FX management – this is as a result of an internal study that determined that the investment of resources in active FX management
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PNG&filetimestamp=20090506152419[Accessed 2nd February 2010] * Meethan‚K.‚2001.Tourism in global sociaty:place‚culture consumption.1st ed.New York:PALGRAVE * Robinson‚M. & Boniface‚P.‚2002.Tourism and cultural conflicts.2nd ed.New York:CABI Publishers * Sharpley‚R.‚2003.Tourism‚tourists & sociaty.3rd ed.Cambridge:ELM Publications * Sharplay‚R.‚1999.Tourism ‚ Tourist and Society.2nd ed.Cambridge:ELM Pubishers * Victoria Culture‚ 2004 [online]. Available: http://www.victoriaculture.org/resource/resource_file/3/WHAT_IS_CULTURAL_TOURISM
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1.0 Executive Summary This strategic marketing report prepared for the General Motors (GM) detailed a thorough analysis the motor vehicle market in China. GM was a US automaker company‚ and entered the market of China by joint ventures. SAIC is GM’s major joint venture partner‚ and it had become the largest plant in China. GM was earning high profits from China by 2004. However‚ GM faced the challenges from both foreign and local competitors‚ overcapacity and intervention from Chinese Government
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Socio-Anthro We should know the importance of anthropology and Sociology in our lives because: 1. To know the past and the present society for us to grow. 2. It is important for us to study anthropology and sociology to be able to know if our society is meeting its standards for maintaining its sustainability. 3. We should be updated on what’s happening in our society nowadays so that we can change the negative into positive ones. 4. We should know the history of our society
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Vertical Integration as Organizational Ownership: The Fisher Body-General Motors Relationship Revisited BENJAMIN KLEIN University qfCalijbrnia‚ Los Angeles I have always considered my work with Armen Alchian and Robert Crawford (1978) on vertical integration to represent an extension of Coase ’s classic article on "The Nature of the Firm." By focusing on the "hold-up" potential that is created when firm-specific investments are made by transactors‚ or what we called the appropriation
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“...a body of systematically arranged knowledge that shows the operation of general laws.” As a science‚ sociology employs the scientific method Sciology- A discipline that studies the interplay between the individual and the social context “Sociology is the scientific study of human society and social interactions.” Antropology: * can be described as the study of all aspects of humanity. * focuses on culture * Having sub-fields such as cultural anthropology (also called "social
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General Motors Company has a very detailed and organized balance sheet and income statement in which all of the company ’s information is listed in the proper order. The balance sheet can be viewed annually or quarterly and all amounts are in US dollars by millions except for per share amounts. The balance sheet first begins to lists the company ’s assets. The assets section is broken down by current assets‚ cash‚ net receivables‚ inventories‚ and other current assets. The balance sheet then lists
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Research Title “A research on failed marketing strategy of General Motors in India; and recommendation for successful strategy implementation”. Research Aim and objectives This research aims to find out the failure reason of General Motors Marketing strategy in India and recommend suitable strategy for successful implementation. Objectives To review the extant theoretical frame works and conceptual models related to Marketing strategies in developing countries. To investigate the failure
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Foreign Exchange Hedging Strategies at General Motors: Transactional and Translational Exposures Prepared By: Danial Wahaj Khan EXECUTIVE SUMMARY: This report is based on a practical scenario solution of General motors. The report addresses the problem given in scenario which is the change in policy of hedging with detailed reasoning. The report then looks at the different available hedging instruments to the firm. Profitability of both instruments has been compared and lowest cost option was
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ANATOMY OF A FAILED ALLIANCE—GENERAL MOTORS AND DAEWOO In June 1984‚ General Motors and the Daewoo Group of Korea signed an agreement that called for each to invest $100 million in a South Korean-based 50/50 joint venture‚ Daewoo Motor Company‚ that would manufacture a subcompact car‚ the Pontiac LeMans‚ based on GM’s popular German-designed Opel-Kadett (Opel is a wholly owned German subsidiary of GM). Much of the day-to-day management of the alliance was to be placed in the hands of Daewoo
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