Question

In: Economics

You are a manager of Nike based on Beaverton, Oregon. The CEO has decided to open...

You are a manager of Nike based on Beaverton, Oregon. The CEO has decided to open a new shop in Chile for first time and would like to send you up there as new manager. Discuss the implications of the global monetary system we learned in class on your work in Chile. 200 words

Solutions

Expert Solution

Implications in Global monetary systems are:

All the countries should support international trade, foriegn investments , have smooth relationships between countries and have mutual cooperation for growth of countries economically and also their financial instituations.

As a Manager my major challenge is to create market for our brand in that country. As there are trade relationship agreement which are under rules and guidelines of International monetary policy we will take the help of the government for having smooth run of our showroom and other any useful resources from government will also be used.

The major problem will be is to capture the local market and the price startergies that are to be followed along with marketing of products. Price stratergies will be always done basing on government taxes and excemptions etc which will play a key role which are also part of this global monetary system.

Thus these are the implications that will be learned in the global monetary system.


Related Solutions

Mini Case: Nike and Sweatshop Labor Nike, a company headquartered in Beaverton, Oregon, is a major...
Mini Case: Nike and Sweatshop Labor Nike, a company headquartered in Beaverton, Oregon, is a major force in the sports footwear and fashion industry, with annual sales exceeding $ 30 billions, more than half of which now come from outside the United States. The company was co-founded in 1964 by Phil Knight, a CPA at Price Waterhouse, and Bill Bowerman, college track coach, each investing $ 500 to start. The company, initially called Blue Ribbon Sports, changed its name to...
Nike was founded in 1964 by Bill Bowerman and Phil Knight in Beaverton, Oregon. It began...
Nike was founded in 1964 by Bill Bowerman and Phil Knight in Beaverton, Oregon. It began as Blue Ribbon Sports (BRS). In 1972, BRS introduced a new brand of athletic footwear called Nike, named for the Greek winged goddess of victory. The company employs 26,000 staff around the world with revenues in fiscal year 2005 of $13.7 billion. It has facilities in Oregon, Tennessee, North Carolina, and the Netherlands with more than 200 factory stores, a dozen Nike women stores,...
Nike, Inc., with headquarters in Beaverton, Oregon, is one of the world’s leading manufacturers of athletic...
Nike, Inc., with headquarters in Beaverton, Oregon, is one of the world’s leading manufacturers of athletic shoes and sports apparel. The following activities occurred during a recent year. The amounts are rounded to millions, except for par value. Purchased additional buildings for $303 and equipment for $1,202; paid $432 in cash and signed a long-term note for the rest. Issued 10 shares of $1 par value common stock for $695 cash. Declared $1,159 in dividends to be paid in the...
Tektronix, Inc. (TEK) is an MNE based in Beaverton, Oregon. Tek’s sales in the fiscal year...
Tektronix, Inc. (TEK) is an MNE based in Beaverton, Oregon. Tek’s sales in the fiscal year ending May 31, 2006 were about $1 billion. Its main products are scientific measuring instruments such as protocol analyses and simulators, network monitoring systems, transmission and cable test products, and a broad range of oscilloscopes. Part of the foreign sales were direct exports from Tek’s Beaverton manufacturing and research facility. A second part of sales were passed through Tek’s own foreign sales and assembly...
Assume you are the CEO at Nike. What challenges do you see ahead for Nike as...
Assume you are the CEO at Nike. What challenges do you see ahead for Nike as they try to regain corporate responsibility? What should be done to ensure that Nike is able to overcome these challenges?
As the Data Manager (DM) on the “TES-100” project, the CEO has decided to proceed with...
As the Data Manager (DM) on the “TES-100” project, the CEO has decided to proceed with the study and wants you to consider using the new savvy company system of remote data entry/electronic data capture. Review the current literature (i.e. internet) regarding this topic and decide if this study would be RDE/EDC appropriate, then write a 2-3 page paper or 20-25 slides on why you have made the decision you have made including pros and cons.
You are an invesment manager and your client, Marge, has decided to trust you to manager...
You are an invesment manager and your client, Marge, has decided to trust you to manager her complete portfolio. You offer Marge a risky investment in your expertly crafted mutual fund as well as a risk free investment in Treasury bills. Your mutual fund's expected return is 14% and its standard deviation is 38%. The T-bill rate is 5%. Marge thinks it over and decides to invest 85% of her money in your mutual fund and 15% in T-bills. a....
You are the CEO of a corporation whose board has just decided to cut the dividend...
You are the CEO of a corporation whose board has just decided to cut the dividend to the stockholders. This is a matter of absolute confidentiality, as it could have major effects on your stock prices if the information gets out before implementation of the cut. At a reception, you are approached by an elderly gentleman, who retired from the company several years ago. Virtually all of his savings and much of his retirement income is in company stock. He...
As the new financial manager of your company, the CEO has asked you to provide a...
As the new financial manager of your company, the CEO has asked you to provide a brief analysis of the company’s performance to present at the upcoming board of directors meeting. The CEO has asked that you assess the company’s performance against your company’s industry. Thus, to do this, you will need to use ratio analysis or other techniques to determine areas in which the company is doing well, as well as areas that management should look at. ( you...
Suppose that you are the CEO of TrinketsNThings. Your sales operations manager has been experimenting with...
Suppose that you are the CEO of TrinketsNThings. Your sales operations manager has been experimenting with the price of a Trinket [x], in order to see how many Trinkets customers are willing to purchase in a week [y]. She gives you the following dataset: Price of Trinket $3 $4 $5 $6 # of Trinkets Purchased (thousands) 19 15 12 8 *Calculate Cov(Price , # Purchased) *Calculate Sx2 *What is the linear relationship between the price and quantity demanded of Trinkets?...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT