Currently our company is trading in medical equipment for the world famous company. Therefore, we have been conducting global business. Why global business? Because, as global business includes transactions take place outside the country, with different forms depending on the objectives and benefits of each individual, company or organization. When conducting global business, our companies (or other companies in Vietnam) a lot of benefits such as economic growth and technological innovation. ...
An exchange rate, determined by market supply and demand, fluctuates regularly, increasing the risk taken by participants in the foreign currency market. Many have attempted to predict the movement of exchange rates to help minimise risk and allow market participants to make wiser economic decisions. However, this has been a challenging task. The purpose of this paper is to investigate whether nominal exchange rates follows a random walk by carrying out a case study of the Swiss-US exchange r...
1. Political stability: Though there are many challenges due to global downturn but political stability is a big positive for India. Indian political structure is considered stable enough expect the fact that there is a fear of „hung parliament‟ (no clear majority). The new liberalisation in the economic policies will certainly help companies to flourish in the global market (India PR Wire 2010). 2. According to new US tax benefit schemes, tax benefit will not be given to the companies wh...
Thailand is a real emerging market place recently, and it is also acknowledged as "Asian Tiger" (Martcher, 2010). Thailand has developed very fast after 1997 Asian Crises, but the Bangkok has shown the most significant development among the cities in Thailand (Hutchinson, 2012). Thailand has well-developed infrastructure and pro-investment policies (Martcher, 2010). Thailand has shown improvement and development in transport facilities, upgrading communications tools as well as IT networks (S...
The term merger can be described when two or more companies agree to form a single organization. The United States has a long standing history of several mergers and acquisitions. Some of them have been successful while others have been declined by the regulatory bodies. The Government and the regulatory bodies take utmost care to make the merger smooth so that the public are not affected much. Comcast-NBCUniversal merger is one of the successful mergers reviewed in recent times. This acquisi...
Factors of production are land, labor capital and entrepreneurship. Households are the owners of factors of production and the firms are users of factors of production. Firms use households (factors of production) to pay factor incomes which is rent, wages, interest and profit. Firms will use factor of production to produce output in the way of goods and services, which will be purchased by the household. In this way household incur their expenditures. 2.0 Body Circular flow diagram is the vi...
The household is the basic unit of analysis in many social, microeconomic and government models. The term refers to all individuals who live in the same dwelling. In economics, a household is a person or a group of people living in the same residence. Household are owners of the factors of production which is includes land, labor, capital and entrepreneurship. Which are made available to firm that will pay factor incomes to the households. The firm will use the factors of production to produc...
Maintaining a currency has become one of the challenges in the Macroeconomic management of most countries. Among others, Malaysia has a very unique experience in term of currency crises. During East Asian countries crises beginning in late 1997, the currencies of Thailand, Indonesia, The Republic of Korea, Malaysia and Philippines experienced sudden, relatively unexpected depreciation. Currency crisis literature indentified a decline in credit as one of the channels through which crises affec...
1.0 Introduction Factors of production are land, labor capital and entrepreneurship. Households are the owners of factors of production and the firms are users of factors of production. Firms use households (factors of production) to pay factor incomes which is rent, wages, interest and profit. Firms will use factor of production to produce output in the way of goods and services, which will be purchased by the household. In this way household incur their expenditures. 1.1 Body Circular flow ...
Doeringer and Terkla (1995) found that benefits of agglomeration economies are one of the important factors that lead to the development of cluster. According to them firms that locate to a specific region can benefit from pool of skilled labour, lower transaction cost and lower transportation cost. Agglomeration economies help increasing competition which encourages transfer of information and technology among the firms. The transfer of technology and information in turn leads to the growth ...
