Chapter 07 Foreign Currency Transactions and Hedging Foreign Exchange Risk Multiple Choice Questions 1. Pigskin Co., a U.S. corporation, sold inventory on credit to a British company on April 8, 2011. Pigskin received payment of 35,000 British pounds on May 8, 2011. The exchange rate was £1 = $1.54 on April 8 and £1 = 1.43 on May 8. What amount of foreign exchange gain or loss should be recognized?
Immigrants from China built the Transcontinental Railroad, which brought our country together by connecting the East and West. Many have become scientists or engineers and have created numerous ideas and inventions to make our lives better. Immigration is the largest factor contributing to population growth and contributes over 2.25 million people to the U.S. population annually. (Elbel) The chart shows the U.S. has traditionally allowed relatively small numbers to immigrate, thus allowing for decades of assimilation. After the peak of about 8.7 million in the first decade of the 20th century, numbers went steadily down.
In 2011, sales and revenues of Caterpillar, Inc. measured about $60.138 billion. Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company is a leading services provider through Caterpillar Financial Services, Caterpillar Remanufacturing Services, Caterpillar Logistics Services and Progress Rail Services. Despite achievements of Caterpillar, Inc., the firm has several ethical issues that it must address. Some of these issues deal more with the nature of the company’s products than with anything the company itself has done.
Johnson Controls Social Responsibility Strategy JJT2 Social Responsibility, Task 1 February 23, 2014 Introduction Johnson Controls is a global manufacturing company with its corporate headquarters in Milwaukee, Wisconsin. The company is the largest producer of private label lead acid batteries in North America, and is quickly becoming a leader in Asia and South America. Johnson Controls provides batteries for nationally recognized brands such as Duralast, Interstate Batteries, Die Hard, ProStart, and Bosch. In addition, Johnson Controls provides original equipment batteries for Ford, Acura, Honda, Diamler Chrysler, Nissan, and Toyota. With over 170,000 employees around the world, Johnson Controls is a global industrial leader serving customers in over 150 countries and is committed to corporate social responsibility (Johnson Controls, 2014).
Hudson's Bay Co. (Hbc) A Case Study in Ethical Sourcing 1.0 Corporate Overview & Background Hbc is Canada’s largest diversified general merchandise retailer, with over 580 retail locations and nearly 70,000 employees. Hbc has 1,600 vendors from which they currently source their private label and captive brands. Most of the vendors that manufacture Hbc merchandise are located in China. 2.0 Policy & Program Scope Hbc established the foundation for their ethical sourcing program in 1998, when they established a Code of Vendor Conduct (CVC). Their program has evolved since then into a broader Social Compliance Program (SCP), which was formalized in 2001, containing the CVC and a monitoring and remediation process, the overall goals of which are to improve factory conditions, educate buyers and share industry knowledge.
Ancient Chinese Inventions Strayer University HUM 111 July 16, 2013 Dr. Caren Stayer The ancient Chinese culture can be credited for several important inventions. China has played a significant part in many famous inventions and contributions that has had a major role to play in our lives. Many of the inventions were invented as far back as c. 1600 B.C.-A.D. 265 (ancienthistory.about.com). The lists of inventions from ancient China are still used in modern day society. Some of the inventions are as follows: tea, gunpowder, a compass, chopsticks, bristle toothbrush, silk fiber, paper and printing, publishing, a seismograph (an earthquake detector), porcelain, acupuncture, lacquer, the wheel barrel, the abacius (calculator) and toilet paper.
The region comprises only 5% of the land but one third of the population and nearly two thirds of the manufacturing output. The oldest industrial region in the Northeastern United States is southern New England and developed as an industrial center in the early nineteenth century. The middle Atlantic area, between the NYC and Washington is the largest U.S. Market. Many industries that depend on foreign markets or imported raw materials have located near one of this regions main ports. Mohawk valley is the regions most important industrial century especially for steel and food processing and utilize the inexpensive abundant hydroelectric power generated at nearby Niagara falls.
Lowe’s Market Segment Mary K. Moore-Hudson MBA 6012 Intergrated Global Marketing Abstract The objective of the report is to segment the market for Lowe’s consumers. A market segments is an particular group of individuals, families, businesses, or organizations, with one or more characteristics or needs in common, in an otherwise homogeneous market (businessdictionary.com). Market segments usually respond in a conventional manner to a marketing or promotion offer. The market for the Lowe’s retail stores will be segmented in the business-to-customer market environment. Lowe’s Companies, Inc. is a FORTUNE® 50 company that serves approximately 15 million customers a week at more than 1,750 home improvement stores in the United States, Canada and Mexico (Lowe's Companies, Inc, 2011).
Its no surprise that China is one of the most Industrialistic country with over 1, 330, 044, 544 people ( as of July 2008 Source: www.google.com ) which in my scientific analysis says nearly 700, 000, 000 are in the work force and within nearly 100, 000, 000 or less (much, much less) are in agriculture or livestock. Thus this is how China has become one of the worlds super powers. When you look at the numbers it makes no sense. But to a economist (or a really smart person ) the meaning is clear. More people = more workers = more money.
Marketing Mix Lowe’s Companies MKT/421 Marketing April 12, 2012 Marketing Mix Lowe’s was founded in 1946; Lowe’s has developed from a small hardware store to the second leading home improvement retailer worldwide and the 7th largest retailer in the United States (Lowe’s History, 2012). Lowe’s runs more than 1,745 stores in the United States, Canada, and Mexico. In 2011, Lowe’s received numerous distinguished industry awards, including number 50 on the Fortune 500 list, and three- time winner of the Energy Star Excellence Award in Retail (Lowe’s, 2012). Lowe’s sells a wide-range of home improvement products in its large, warehouse-style stores ranging from appliances to tools, paint, lumber, and nursery products. Lowe’s stocks 40,000 products in 16 categories (Lowes, 2012).