Insights into trade

 

 

 

 

Read http://www.industryweek.com/procurement/managing-supplier-information-dynamic-environment ( Minter, S. (2009). Managing Supplier Information in a Dynamic Environment. Industry Week/IW, 258(10), 22.), and answer the following questions:

In the article it mentions that buyers and suppliers need more insight into trade compliance. What examples can you give that illustrate the benefits and/or challenges with having or not having this insight?
Information systems can also help companies deal with concerns about risk in the supply chain. Outsourcing processes and logistics can offer great financial benefit; however, control of information needed to manage the process is a major concern. Discuss some of these challenges and the solutions that a company might need to implement to resolve them.

 

 

Walmart’s current status

 

 

 

 

 

 

Provide a two-to-three-page description of Walmart’s current status (financial, logistical) especially as regards domestic and foreign operations and the contribution of each to Walmart’s bottom line. What does Walmart have in mind for the future?

The business costs resulting from unclear instructions

In the course of your day-to-day work, you need to write dozens of business letters, to your colleagues, clients, consultants, or vendors. Think what would happen if you were to make a critical error in your communication that will eventually affect your firm financially.

Using the South University Online Library research and read articles that describe the business costs resulting from unclear instructions. Based on your research and readings, respond to the following questions:

What are the kinds of errors that are commonly committed in a business letter?
What could be the results of such errors? Provide at least three examples.
How would you avoid such errors in the future? Explain in detail.
What would you include in a best practices document for writing a business letter? Explain the dos and don’ts.

Starbucks

 

 

 

 

 

Evaluate the business-level strategy of Starbucks to determine whether you believe the strategy is appropriate to offset forces in the industry. Provide specific examples to support your response.

Make recommendations for improving this strategy and describe any challenges you foresee in executing those recommendations. Provide specific examples to support your response.

 

 

 

Starbucks

 

 

 

 

 

Evaluate the business-level strategy of Starbucks to determine whether you believe the strategy is appropriate to offset forces in the industry. Provide specific examples to support your response.

Make recommendations for improving this strategy and describe any challenges you foresee in executing those recommendations. Provide specific examples to support your response.

 

 

 

Oligopolists companies

This chapter discusses companies that are oligopolists in the markets for the goods they sell. Many of the same ideas apply to companies that are oligopolists in the markets for the inputs they buy.

*If sellers who are oligopolists try to increase the price of goods they sell, what is the goal of buyers who are oligopolists?

*Major league baseball team owners have an oligopoly in the market for baseball players.
*What is the owners’ goal regarding players’ salaries?
*Why is this goal difficult to achieve?

Baseball players went on strike in 1994 because they would not accept the salary cap that the owners wanted to impose.
*If the owners were already colluding over salaries, why did they feel the need for a salary cap?

Costco Wholesale Corporation

 Costco is a multinational company in an industry that foreign operations and foreign currency risk exposure play a significant role in the companies’ core business and their financial performance. Explain the rationale of your selection (Costco).
 What geographic areas other than their home country does the company conduct business? What percentage of sales revenue is generated from operations in these foreign markets respectively? How did the distribution change/evolve in the past 3-5 years?
 Pick three foreign markets that generates most sales revenues for the company, and present the fluctuation of the exchange rate in the past three years (must with monthly data and graphs).
 Estimate the magnitude of impact of the exchange rate fluctuations on the company’s sales revenue in the past three years (must show your calculation). See if you could find information in the company’s annual reports to confirm or adjust your estimate.
 How does the company manage foreign currency transaction (and translation) risk?
 Which method does the company use to translate foreign currency financial statements? How do you know? What are the translation adjustment amounts in the past three years?

Compare your selected company to 3-5 of its industry peers (Such as Walmart, Superstore, IGA), comment on the following:

 How does the weight, diversity and location of foreign operations compare to its peers? Why do you think the company made the decision to operate in the locales chosen?
 How does the company’s risk management strategy compare to its peers? What are the similarities and differences in managing their foreign currency exposure?
 Is the company’s translation method consistent with its industry peers? If not, did the company disclose the reason why it uses the method as chosen?

 Based on all above, provide your evaluation of the company’s risk management strategies and how effectively the strategies were executed as reflected in the financial results in the company’s past three years.