Chapter 14 Homework 2. What advantages do future contracts have over forward contracts? The most important advantage of future contracts is that at the expiration date‚ the price of the contract converges to the price of the underlying asset to be delivered. If the future contract is selling below the contract price‚ there will be many investors trying to buy for that low price and sell it to a higher price in order to get a quick profit. However this will increase the price of the contract
Premium Derivative Futures contract
1. BRANDY ALEXANDER Ingredients: 1 jigger Brandy 1 jigger Brown Crème de Cacao 1 jigger Cream or Milk Procedure: SHAKE Pour all ingredients into a cocktail shaker with ice. Shake and strain into a cocktail/martini glass. Sprinkle with grated nutmeg. Glass: Cocktail glass / Martini glass 2. SIDE CAR Ingredients: 1 jigger Brandy ½ jigger Triple Sec ½ jigger Calamansi /Lemon juice Procedure: SHAKE Pour all ingredients into
Premium Distilled beverage Manhattan
1. What do you think has made Four Seasons successful over the last 30 years? Four Seasons is a leading provider of exceptional service. It rose to its leadership status through high quality personalized service and they have done so consistently‚ adding a lot of value to its customers. Workers were taught to be detail oriented and have a certain standard of professionalism‚ modesty and humility as management also helped clear tables‚ setting a culture of equality and high standards. President
Premium Balance sheet Generally Accepted Accounting Principles Asset
CHAPTER 12 - DANONE IN CHINA 1. What were the intentions of Wahaha Group and Danone when setting up joint ventures in China? The intentions of Wahaha Group to joint venture with Danone is Wahaha Group expected to adopt new technology and managerial techniques from Danone. The Wahaha Group is also need cash to expand. On the other hand‚ the Danone has different intentions when deciding do the Join Venture with Wahaha Group. As the foreign companies‚ Danone has lack of management depth and size
Premium Joint venture
What is communication during a negotiation? * Not about negotiator preferences * Blend of integrative verse distributive content varies as a function of the issues being discussed * Content of communication is only partly responsible for negotiation outcomes FIVE CETEGORIES OF COMMUNICATION 1. Offers‚ counteroffers‚ and motives * Important communication in negotiation Convey offers and counteroffers * Bargainers preferences exhibit rational behavior by acting in accordance
Premium Communication Negotiation Best alternative to a negotiated agreement
2-2-a: How would a relatively high home inflation rate affect the home country’s current account‚ other things being equal? A. A high home inflation rate could cause a current account a deficit since it results to decrease exports and increase imports. 2-12-a: U.S.-based MNCs commonly invest in foreign securities. Assume that the dollar is presently weak and is expected to strengthen over time. How will these expectations affect the tendency of U.S. investors to invest in foreign securities
Premium United States dollar International trade Pound sterling
EXECUTIVE SUMMARY Food can always break the boundary between different cultures. People work for food‚ live for food and eat to live. In a wealthy region like the UAE‚ people tend to spend for luxurious life. Most importantly the people there are willing to spend. And this indicates that there is an opportunity for new entries of business to penetrate the market. But there is also an important issue that UAE is an Islamic region. Therefore‚ there are restrictions such as no pork in the Arab menu
Premium United Arab Emirates Marketing Middle East
Chapter 3: Cultural dynamics2- interactions‚ mindsets and behaviors Concept of the self and other: it is largely about people within a society responding positively and unconsciously to membership. The concept of the self is a modal view of what people are in society and therefore what they are allowed to do. Assumptions are related to the main sociodemographic categories (age‚ sex‚ social class) idealized conduct in particular role(the perfect partner‚ businessman‚ child). The concept of the
Premium Individualism Sociology Individual
Chapter 5 Currency Derivatives 1. Kalons‚ Inc. is a U.S.-based MNC that frequently imports raw materials from Canada. Kalons is typically invoiced for these goods in Canadian dollars and is concerned that the Canadian dollar will appreciate in the near future. Which of the following is not an appropriate hedging technique under these circumstances? A) purchase Canadian dollars forward. B) purchase Canadian dollar futures contracts. C) purchase Canadian dollar put options
Premium Futures contract Option Forward contract
Quiz 1 1. An increase in the imports of clothing into the U.S from India wills benefits the____________ & hurt the___________. A) U.S. clothing producers; Indian clothing producers B) Indian consumers; Indian clothing producers C) U.S consumers; Indian clothing producers D) U.S consumers; U.S clothing produces 2. Suppose Country A‚ a labor-abundant country‚ produces only wheat & cloth. The following equations illustrate the prices & costs of wheat and cloth in
Premium Economics Supply and demand International trade