Having learned about the factors affecting international business in Africa and Albania, summarize the geographical risks of doing business in your chosen country.
Discuss the advantages of a flexible budget technique used for forecasting sales and production volume.
This is an individual assignment that requires you to write a brief report (1,500 words) addressing one of the following:
Option 1
(a) Describe the demand characteristics of a product for a specific distribution channel (e.g. on-line, supermarket, specialist retailer) and a specific country and determine whether the ideal supply chain for that product (in the specific distribution channel and country) should be agile, lean or a combination of both (60% of marks).
(b) Use two real-world company examples to illustrate and justify what you think is ‘good’ and/or ‘bad’ business practice in supply chains of the product you chose in (a), or supply chains of products that are similar to your product in terms of demand characteristics (40% of marks).
Option 2
(a) Draw a diagram that illustrates the flows of materials, components, final products, services and information along at least three tiers of the supply chain of a product of your choice (40% of marks).
(b) Provide a brief explanation for each node and link in the chain (what they do, why they do it and how) and the information needed at each stage for the effective working of the supply chain (40% of marks).
(c) Provide at least one clear and specific recommendation for improvement, by drawing from real-world practice or SCM theory (20% of marks).
Your report can be written in the style of a business report, or as an academic essay. You do not need to include an executive summary, but you MUST reference all the information sources used throughout and provide a detailed list of references at the end.
For option 1, you could choose the same product whose transformation process you analysed last year as part of the Operations Management module. However, you should bear in mind that the level of your analysis is now the product’s supply chain, not the product’s production process within the firm. This means that the research you did on your product last year may be relevant but it will definitely not be enough.
For option 2, there are plenty of Youtube videos, academic papers, news articles and reports discussing the supply chains of companies such as Zara, IKEA, Walmart, Coca Cola etc. However, a single source will not be enough to address the three objectives. You are allowed to choose such a product/supply chain, if you are genuinely interested in studying it. However, this option may be most suitable for someone with deep familiarity with a particular company’s supply chain (e.g. through an internship, previous work experience, family business).
Write Audi company, not just talk about A8, but aslo talk about other products of Audi
you should analyse whether the company is local or global then analyse the brand strategy.
DISCUSS FOOD AND BEVERAGE OPERATIONS MANAGEMENT.
1. Select a foreign currency you want to speculate for or against. Do not select a currency that is on fixed exchange rate regime, such as Cuban peso. Use standard end of the trading day market quotes for exchange rates, such as those listed in the Wall Street Journal. Do not use ask-bid type of quotes. NOTE: In selecting a target foreign currency consider a country, where you traveled to or plan to travel. That will give you a better handle and/or motivation to learn about this currency. Submit your chosen currency by the end of Monday, May 24.
2. Based on your preliminary analysis, decide whether this currency is going to appreciate (go up) or depreciate (go down) against the dollar from May 14 to June 4, 2021.
3. If you think it will appreciate, you must take a long position and use your $1,000,000 to buy this currency in order to sell it at the end of the holding period and make a profit.
4. If you think the opposite will happen, you must take a short position, borrowing the foreign currency today against your $1,000,000, selling it immediately and hoping to repay the loan at the end of the period by buying up the foreign currency at a cheaper rate.
5. Follow the fluctuations of your currency exchange rate against the dollar using The Wall Street Journal, or any other official source. Enter these data in a statistical table and draw a graph.
6. At the end of the period, figure out how much you have lost or gained in your speculation. Annualize the returns.
7. Provide a short commentary about the behavior of your currency and list any identifiable reasons for its fluctuations. NOTE: In the speculation part of your currency project (SECTIONS 1-7), you need not take into account any currency exchange fees, interest that would be due on the borrowed foreign currency, or any other transaction cost.
8. Based on what you’ve learned in your speculation steps (1) through (7) describe how you would use forex forward markets to HEDGE currency risk for an export or import transaction worth $1,000,000. For example, how would you hedge currency risk being a US exporter of bourbon or importer of autos? Assume that the time gap between the signing of your trade contract and payment is three months and that during that period a foreign currency in question experiences a major unexpected appreciation or depreciation (say, 10-20%). Assume that the 3-month forward rate for a foreign currency is equal to its spot rate. Describe your choices for hedging and provide estimates of its benefits and costs. Express the costs of hedging as a percentage of the total volume of your export/import transaction and in $$. For a forward contract assume the upfront fee of 1.5%, for an option assume a fee of 3-4%. If you need to use data for interest rates, use the US prime rate vs. the equivalent rate of a foreign country.
The whole project should not be more than 4-5 pages long single-spaced of which one page will be a statistical table and one page a graph (approx. 1000 words of text). Do not worry if you “lose money.” That will not affect the evaluation of your project in any way. What is important is your understanding of currency trading and hedging, your grasp of relevant data, your reasoning and a meaningful commentary.
Explain Aspects of Emerging Technologies Management.
In 2 pages (550 words) write an essay that highlights the impacts of covid-19 on the global economy.
Discuss Economic, Social and Environmental Factors affecting SMEs.
The NLRB has made findings regarding the use of employee posts on social media sites to discipline or terminate those employees. Typically, these cases occur when an employee posts negative information about his or her current employer or boss. Sometimes, these are public, and other times, the employer uses spies or fake friending to see the Facebook page of the employee.
Find at least one case or article online regarding this topic, and briefly explain the facts of the case, and the determination of the NLRB as to whether the employee was properly or improperly disciplined or terminated as a result of his or her use of social media to complain about, criticize, or publicly bash his or her company or boss. Provide the citation to the article that you discover. (Use the term concerted activity in your query or search to help you find one of these cases.) (50 points)
Do you agree with the decision of the NLRB or court in the case that you described in Question #1 above? Why or why not? (1–3 paragraphs). (20 points)
Assume that this case happened at a place where you have worked in the past, or where you work now (or want to work.) Give an example of how the decision in the case above could lead to better or worse employee relations in your company. (30 points)
Explain how you would communicate this decision to your employees or supervisors (depending on the decision you have selected) to ensure that situations like this do not occur again. In your answer, determine whether or not you feel a social media policy is a good method. If so, list at least three things you would include in your policy and why you would include them. If you do not feel a social media policy is appropriate, explain why you would not implement one (give at least two valid reasons). (3–4 paragraphs) (35 points)
To ensure that your paper isn’t flagged in Turnitin.com, do NOT copy and paste the questions into your paper. Instead, set up headings for each section where you answer the questions, using good APA form. Please title your assignment with your last name and week number (for example, Smith Week1.docx).
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