Topic 2 Question: What does your research about the organization and the other items you have found tell you about the culture of your organization? ANZ Bank is among the top four corporate banks in Australia. With diverse and wide expansion of market the bank has developed the multicultural environment to support the employees and customers based on their ANZ values. Organizational culture on the ANZ’s view is to focus on the employees and customer’s values and molding according to employees
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the computer industry allows Computer Science and Information Technology graduates obtain financially rewarding and challenging careers with government bodies‚ computer companies and large companies and banks like: IBM Digital Unisys BHP MIM Westpac Microsoft Google College Student As a college student‚ you very likely know how to use a computer for many tasks – from word processing to surfing the Web to managing your music‚ photo‚ and movie collections. You are probably also aware of the
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Bibliography: Retrieved August 7‚ 2013 from Westpac Business Information Centre. Easing: Author‚ CNBC‚ Retrieved August 20‚ 2013 from http://www.cnbc.com/id/41071743 August 8‚ 2013 from http://www.bankofengland.co.uk/education/Pages/inflation/qe/default.aspx Sydney Morning Herald‚ Retrieved August
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Question 2 a) A fall in the value of the Australian dollar (AUD) against the U.S. dollar (USD) benefit Billabong in two folds‚ strengthened price competitiveness and translation advantage. Firstly‚ the Americas segment accounts for about 50% of Billabong’s sales revenue in 2008 and 2009. (Appx.1) In case of depreciation of AUD against USD‚ the price of imported surfwear to the U.S. in terms of USD will decrease. The US importers demand more for Billabong’s products. The sales increases from the
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views on the role of accounting and the accountant on CSR and sustainability. Go to: * http://www.billabongbiz.com/phoenix.zhtml?c=154279&p=irol-community. * http://www.visy.com.au/?id=106 * http://www.westpac.com.au/about-westpac/sustainability-and-community/performance-reporting/stakeholder-impact-reports/ b. Select one of the above companies. Discuss the way in which the organisation has demonstrated its social and environmental accountability. Good starting points
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you can transform your business into a large-scale business‚ you can provide customer service to greater amount of people from all over the world. Many companies have considered this and now are making profit from it for Example Telstra Australia‚ Westpac‚ BHP-Billiton. As to every positive thing there are negatives to it as well‚ there is a hindrance to accepting diversity‚ for example Stereotypes‚ a set of beliefs about a group that is applied universally to all members of that group‚ such as “all
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1997:188). This makes their speech more acceptable to the interlocutor. For example‚ You are mistaken. I think you are mistaken. The second way of saying contains a hedge ‘think’ which helps to soften the force of utterance and makes it less threatening to the hearer. Therefore hedging is closely related to the politeness. When we use hedges to make our
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Deposit rate 8% 5% Borrowing rate 9 6 Given this information‚ determine whether a forward hedge‚ money market hedge‚ or a currency options hedge would be most appropriate. Then compare the most appropriate hedge to an unhedged strategy‚ and decide whether Carbondale should hedge its receivables position. ANSWER: Forward hedge Sell S$500‚000 × $.62 = $310‚000 Money market hedge 1. Borrow S$471‚698 (S$500‚000/1.06 = S$471‚698) 2. Convert S$471‚698 to $283‚019 (at $.60
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1 Hedging Strategies Using Futures Chapter 3 2 Long & Short Hedges • A long futures hedge is appropriate when you know you will purchase an asset in the future and want to lock in the price • A short futures hedge is appropriate when you know you will sell an asset in the future & want to lock in the price • A short hedge is also appropriate if you currently own the asset and want to be protected against price fluctuations 3 Arguments in Favor of Hedging • Companies should
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1. Should multinational firms hedge foreign exchange rate risk? If not‚ what are the consequences? If so‚ how should they decide which exposures to hedge? Generally‚ multinational firms should hedge foreign exchange rate risk. Because foreign exchange risk 1) Affects existing income statement items and balance sheet assets‚ liabilities‚ and equity through translation exposure. 2) Influences the value of outstanding foreign-currency-denominated contracts and obligations‚ thus firm’s earning and
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