1. Explain the importance of international business activity to large corporations. What are the types of opportunities sought by aspiring multinational companies? What are the risks faced by these companies, which are specific to the international nature of their business activities? a.
Of the several regulatory bodies, which has the most affect on companies? Why? What are some internal controls related to cash? Why is control over cash important? What are the pros and cons of segregation of duties over cash?
In the simulation for International Trade of Rodamia, I am the Trade Representative of the government of Rodamia. As chief advisor, negotiator and spokesperson on international trade and investment issues my job is to advise the President with recommendations for trade. The simulation provides some of the reasons that international trade may be necessary, the opportunity to explore which products to import and export as well as when to impose restrictions such as tariffs or quotas, or negotiate trade agreements. International trade has its advantages as well as limitations. Absolute advantage and comparative advantage plays a role in international trade.
4. (TCO 6) Discuss the role of intermediaries in B2B. Distinguish between buy-side and sell-side intermediaries. (Points : 35) The major role of intermediaries in B2B transactions is to make sure that buy-side and sell-side conditionals coincide. Buy-side transactions focus on one buyer purchasing goods/services from many different sellers.
• What would the effect of IFRS be on this transaction if the acquisition is structured through Fuzzy’s foreign subsidiary? Would the foreign subsidiary record it as an acquisition of business or a group of assets? Authoritative Literature and Conclusion It is important to determine whether the transaction is a business combination or an asset acquisition for a variety of reasons including: ___________. ASC 805-10-25-1 states that an entity shall account for each business combination by applying the acquisition method. For acquired assets that are not a business, they shall be accounted for as an asset acquisition.
If a supplier ships goods f.o.b. destination, title passes to the buyer when the supplier delivers the goods to the common carrier.
Highlight statistics that you think would indicate that your country runs a market-oriented economy. Conversely, highlight statistics that would indicate government intervention in your market. Use this data to place your Country on the Economic System continuum document, alongside the rest of your teammates. On your continuum, place the flag of your country in what you think the correct spot is. Include a brief characterization of your economy
A distribution channel (or marketing channel) is the process of getting goods and/or services from the manufacturer to the consumer. Between the manufacturer and the consumer, there can be intermediaries called channel members - wholesalers, retailers, and sales agents. These channel members facilitate the goods and/or services getting to the consumers. The distribution channels generally consist of two parts; first, set locations used for storage, shipping and/or receiving materials such as factories, warehouses, and/or retail locations, and secondly, set routes for distribution (eg. By air, sea, highway, train, and/or Internet) which are used to connect the locations.
The Trade Act intended for the Attorney General to give guidance concerning the branch of justice's enforcement guidelines with respect to the Act to possible exporters and small businesses that are not able to obtain specialized counsel on facts related to the foreign corrupt practices. The United States of American firms in search of doing business in foreign markets must be conversant with the
Question 3: How should we account for marketing expenditure in general under U.S. GAAP? What is “Direct-Response Advertising”? What are the two conditions under which a company can capitalize “Direct-Response Advertising” as an asset? Find the specific paragraph number in the codification system to support your