Case study: Cirque du Soleil SWOT analysis: Strenghts: * Very methodical approach of each project. * Planning process * Very efficient * Planning strategy starts 3-5 years before the event * Administrative side very accurate: * Detailed nomenclature on setup and tear-down tasks: everything must be done in a precise order‚ because tasks can only carried out once others have been completed. Nomenclature allows the company to ensure the proper packing and labelling
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Revising Wordy Hedging Hedging – is a strategy in which you state conditions‚ qualifications‚ exceptions to an assertion -- an admission that something might contradict your assertion Examples: 1. Legitimate hedging: If it rains tomorrow‚ I won’t paint the front door. (The if clause establishes a condition: rain) 2. Legitimate hedging: In the middle ages‚ the world was thought to be flat. (This sets up a condition based on time‚ history. ) 3. Legitimate hedging: The rapid melting
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Hedging Strategies using Futures Introduction to Hedging Hedging refers to reducing risk. Let us take a simple example to understand hedging. A farmer expects to produce ‘X’ quantity of a commodity by the end of the cropping season say‚ October. He has to invest a certain amount of money today from his savings or maybe take a loan in expectation of returns he will get in October. But‚ he cannot accurately predict the prices he will get for his produce. A dip in prices could result in a loss. To deal
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Case Study Essay – Hedging Currency Risks at AIFS The American Institute for Foreign Study (AIFS) is offering cultural exchange programs for American students and High School pupils throughout the world. Their customers have the possibility to go abroad while the AIFS organises the whole trip for them. Due to their business model the revenues of the company are denominated only in USD‚ since the offer is for American students who pay in USD. Meanwhile the costs of the company is mostly denominated
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ACFI 703 March 27‚ 2013 Hedging Currency Risks at AIF The American Institute of Foreign Studies (AIFS) is a company that organizes student exchange programs worldwide with two main divisions. The College Division arranges academic years and semesters or summer schools. The High School Division organizes 1-4 week educational travels for students and teachers. More than 50‚000 students participate each year in exchange programs of AIFS‚ which leads to annual revenues of around $ 200 million. AIFS
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1. Cirque du Soleil combined street performers‚ clowns‚ acrobats‚ and gymnasts to present feats and create theater and dance dramas. Besides the circus performance‚ Cirque du Soleil has multimedia division‚ which has released feature film and television special. It also created an IMAX large-format film. Moreover‚ Cirque du Soleil keeps diversifying its commercial activities in publishing and merchandising by opening store on the property of Walt Disney world Resort in Florida. Regarding the stage
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1.0 INTRODUCTION Strategic Management is an essential component in the view of completing the BA Honours in BUSINESS ENTERPRISE. The assignment will be dealing with the strategies and difficulties that exist at the Air Mauritius‚ the national airline of Mauritius. To identify the root causes of the difficulties being faced at Air Mauritius‚ a strategic audit need to be carried out so possible strategic options could be proposed and utilised. However‚ information has been obtained only from
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The Mutiny The start of the voyage was on September 20‚ 1519. Magellan and a crew of approximately 300 men parted from their families‚ getting ready to face the most turbulent experience ever. They faced a storm as they reached the equator in a country called Sierra Leone. To make everything worse‚ Magellan found out that 3 of the Spanish Captains were planning to kill him and King Manuel sent ships to sabotage their voyage. To avoid the ships from Portugal‚ Magellan ordered the captains to sail
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The BMW Group will expand production capacity at its US plant in Spartanburg from some 150‚000 to 240‚000 units by 2012. Plans for the expansion are already underway. Capacity at the Oxford MINI plant is to be increased to 260‚000 units per annum—without making further investments in infrastructure. The BMW Group will take the first step towards expanding its capacity in China by raising it from 30‚000 to 44‚000 units a year. Furthermore‚ the company will work on strategically increasing purchasing
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Would you let your greed blind you to the risks? This is the question that Eustace had to answer in The Voyage of the Dawn Treader. After the Dawn Treader departs from the Lone Islands and lands on another island‚ the crew of the Dawn Treader gets to work‚ repairing‚ refilling‚ and washing the various items on board. Eustace decides to shirk his share of the work and take a walk. Not knowing his way around Narnia‚ he gets lost and stumbles into a valley. While in the valley‚ he discovers a dying
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