Variation in the price of agricultural and non-agricultural commodities is determined over time, by demand-supply dynamics. The last two decades have seen a significant increase in the volume of international trade and business due to globalisation and liberalisation sweeping across the world. This has led to rapid and unpredictable variations in financial assets prices, interest rates and exchange rates, and subsequently, to exposing Multi-National Corporations to financial risk. As a result, financial markets have experienced rapid variations in interest and exchange rates and stock market prices, thus exposing the corporate world to a state of growing financial risk. We can hedge the risk of price variations in stocks, bonds, commodities, currencies, interest rates, market indices etc. Given this context please conduct the necessary research and answer the following questions.
1) How is a country's economic well-being enhanced through free international trade in goods and services? Provide and discuss two relevant examples specific to your jurisdiction. (10marks)
2) Outline and discuss two methods of payments in international trade and two (2 ) methods of financing international trade for a selected Multi National Corporation in your jurisdiction
3) Define and discuss two (2) similarities and two (2) differences between a futures contract and a forward contract. When would the use of one be preferred over the other?
In: Operations Management
Respond to the following in a minimum of 175 words:
Global information technologies have evolved over time. What are some ways these technologies have changed? How can being aware of these changes help you in global business?
In: Operations Management
1) Why is design so important to a good business document?
2) Name, describe, and discuss three or four major factors of design that can contribute to a better design.
3) In terms of these three or four same factors, what could go wrong?
4) What are the major considerations for creating text in a document? Do you ever think about these considerations?
5) Which graphic elements seem most relevant to your own current job or career plan?
6) Were you surprised by any of the questions the book listed to consider when adding a graphic element? Which ones and why? Do certain questions seem more useful to you?
7) I would argue there is a thin line between good design and overkill. What do you think I mean? What do you think the best way to learn that line would be?
In: Operations Management
Outline the stakeholders of the firm Coles using their 2019 Sustainability report
In: Operations Management
critically discuss the reasons why your company (a vehicle- manufacturing company) should consider ethical conduct in its purchasing structure
In: Operations Management
In: Operations Management
what communication methods are applicable for publicity campaigns to raise awareness of plastic bottles?
In: Operations Management
Research the company and describe what the career path for a project manager might look like within the selected company.
In: Operations Management
In: Operations Management
Compare mechanistic and organic organizations. Which is easier to manage according to you? Why?
In: Operations Management
During Covid-19 crises, what do you suggest to managers to make more ethical decisions?
In: Operations Management
On the Move toward Digital Transformation: Honeywell
Integrated
E-commerce pressures are driving retailers, wholesalers and
third-party logistics providers to accelerate their evolution to
more digital, automated business operations and fulfilment
processes. Throughout our industry, technologies like robotics,
automation, data analytics, machine learning and artificial
intelligence are no longer part of some faraway future, but the
very tools companies are starting to integrate into their daily
business practices. Not only is this evolution helping these
companies deliver consistently exceptional customer experiences,
it’s also introducing solutions to traditional challenges while
ushering in a new era of process efficiencies. Today’s distribution
and fulfilment operators face a perfect storm of market
challenges:
Service level expectations: Consumers want faster, cheaper shipping and accurate, on-time deliveries of an ever-expanding variety of products, and these rising service level agreements dictate order fulfilment process improvements. Pure-play e-tailers and omnichannel retailers alike are faced with escalating speeds, volumes and complexities in their DCs.
Labor challenges: At the same time, rising labor costs and workforce shortages are shared hurdles faced by most, if not all, DC operations. Labor accounts for up to 70 percent of DC operational budgets, while industry growth is outpacing the labor pool by a ratio of six to one.
The uptime imperative: Limiting unplanned downtime is critical to running profitable operations. Every hour of downtime results in idle workers, potential overtime costs, shipping and logistics delays, and a variety of ripple effects that can ultimately chip away at profits and service level agreements. It all quickly adds up: as much as $10,000 for an hour of downtime, and much more for extended durations.
For these reasons, “digital transformation” has become a stated business objective for most online retailers. It is necessary for ensuring survival in this ultracompetitive climate and essential for growing a loyal customer base.
But the rate of progress in this transformation is as diverse as the spectrum of fulfilment operations. No two are alike, and the drivers, goals and extent of this transformation are as varied as the number of SKUs found in a typical e-commerce DC inventory. Regardless of where you sit on this continuum, you’re probably seeking guidance on how to take the next steps on your journey.
Question 1
Critically discuss the reason why Honeywell Integrated has decided to make a move toward Digital Transformation and examine the types of technologies currently used in the company
Question 2
In the context of Honeywell integrated, recommend alternative electronic procurement methods that can be used to deal with market challenges faced by distribution and fulfilment operators
In: Operations Management
Select 5 international clothing brands and make a swot analysis.word count should be 4000 words.please don't copy.ill check the plagiarism.Can u please do it fast(I want all 5 not one)
In: Operations Management
Select 5 international clothing brands and make a swot analysis.word count should be 4000 words.please don't copy.ill check the plagiarism.Can u please do it fast(I want all 5 not one)
In: Operations Management
Why is Retirement Benefits and Age Discrimination important in human resource management?
In: Operations Management