1. why is purchasing important ? 1) Purchasing plays a key role in identifying and getting the lowest possible price to help company to lower cost in order to make more profit. 2) If purchasing can bring in high quality products‚ the products will be in good quality and selling more. 3)Purchasing can help to identify supplier who has best technology that can benefit the organization. Purchasing is a basic function of any industrial enterprise. Since any industrial enterprise Manufacturing
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International Business Management and Strategy Mid Term Paper: “Apple Inc in 2010” 1. Historically‚ what were Apple’s main competitive advantages? Apple Computer’s 30-year history is full of highs and lows‚ which is what we would expect in a highly innovative company. They evolved throughout the years into an organization that is very much a representation of its leader‚ Steven Jobs. Apple made several hugely successful product introductions
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out of 1 points A political system in which the government is controlled by the citizens either directly or through elections is a democracy. Answer Correct Answer: True • Question 9 1 out of 1 points The international principle of law that holds that governments have the right to rule themselves as they see fit is known as____ Answer Correct Answer: B.
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Wal-Mart’s worldwide employments presently consist of 4‚263 stores and 660‚000 employees in fifteen nations externally the United States. There are completely controlled stores in Argentina‚ Brazil‚ Canada‚ and the UK. With two.one million workers globally‚ the business is the gigantic independent entrepreneur in the US and Mexico‚ and 1 of the gigantic in Canada. In the monetary span in 2010‚ Wal-Mart’s worldwide departmentalizing commerce were $one hundred billion‚ or 24.7% of overall marketing
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Public health as agreed by the faculty for public health (2010) is “ The science and art of promoting and protecting health and well-being‚ preventing ill-health and prolonging life through the organised efforts of society.” A health needs assessment HNA‚ is a public health tool which underpins a large proportion of government policy. It offers ideal opportunities to engage with an identified population‚ and accumulate evidence from them and about them. This provides an evidence base from which
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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. d. purchase Canadian dollar
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Jesalaine S. Templo BA4FM 1. Which do you believe is the most important for sustaining the sale of new carrera model‚ maintaining a profit margin or maintaining the U.S. dollar price? To answer this question‚ the price elasticity of demand must be known for the Porsche Carrera. If the car is relatively inelastic‚ the company can count on high exchange rate pass-through. Meaning‚ that the Porsche may keep the profit margin by increasing the price of the car as the U.S. dollar
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There are different initiatives of international / cross-cultural conflict management introduced below‚ and the author categorized them into commercial and non-commercial. It is mainly because the BRI is primarily perceived as an economic activity. However‚ this is the arguments of this article that potential conflicts under the BRI should be diversified; all of them are also need to be well managed for implementing the BRI well. The non-commercial examples below not only enrich the understanding
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IIBM Institute of Business Management Examination Paper MM.100 International Marketing Management Section A: Objective Type & Short Questions (30 Marks) This section consists of Multiple Choice & Short Note Type Questions. Answer all the questions. Part One carries 1 mark each & Part Two carries 5 marks each. 1. International marketing includes activities that direct the flow of goods from: 2. ETC stands for______________ 3. Till 1950-56 there was no clear exim policy and no __________
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International Strategic Management CASE STUDY: CEMEX’S COST OF «GLOBALISED» GROWTH 1. Executive summary (Objective & Methodology) Objective (CEMEX’S vision): “Deliver superior customer service and outstanding product quality in every market it serves» Competitive Advantage: IT‚ people‚ innovative marketing methods‚ and effective customer support: In 1987‚ creation of an information network system (satellite dishes for vocie and data transmission) In 1995‚ Cemex launched one of the first wide-ranged
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