You work for an international gas exploration company whose shares are listed on the Australian Securities Exchange. Recently the company made an application to the New South Wales government to commence coal and gas exploration operations in the Hunter Valley, New South Wales. Therefore, the company is keen to manage its stakeholders to ensure that the exploration licence is granted and there is no negative publicity associated with the operation. Required
(a) Identify four stakeholders the company needs to consider. Justify why each is a stakeholder.
(b) Identify and explain a relevant theory for each stakeholder. Justify why the theory is relevant.
| Key stakeholder | Discussion why a key stakeholder |
| 1. | |
| 2. | |
| 3. | |
| 4. |
| Identification of relevant theory for stakeholder | Explanation of the relevant theory | Why theory is relevant for the stakeholder |
| 1. | ||
| 2. | ||
| 3. | ||
| 4. |
In: Accounting
Suppose you are interested in studying regional differences in crime. You take a random sample of 100 cities in the South, and find a mean crime rate of 55 with a sample varianceof 5.78. A sample of 100 cities in the North has a mean crime rate of 50 with a sample varianceof 6.72.
1. Construct a 95% confidence interval around the difference in crime rates between the population of Southern cities and the population of Northern cities.
2. Interpret, in words, the meaning of this interval.
3. Test the null hypothesis that the mean crime rate for the population of cities in the South is less than (or equal to) the mean crime rate for the population of cities in the North. Use a significance level of .01.
4 .In words, what can you say about the relationship between the two variables in this example? (That is, is the relationship statistically significant?).
In: Statistics and Probability
you expect to receive ZAR1 000 000.00 in 3 months time but you are worried about adverse movements (a strengthening dollar) in exchange rates and want to hedge against this; you gather the following information from the money and foreign exchange markets
spot exchange rate $1.7640/ZAR
Three month forward rate $1.7540/ZAR
Forecast spot exchange rate 3 months from now $1.7400/ZAR
Zimbabwe 3month borrowing interest 8%
Zimbabwe's 3 month deposit interest rate 6%
South Africa's 3 month borrowing interest rate 10%
South Africa's 3 month deposit interest rate 8%.
Show how you can hedge against the currency risk using money market hedge.
In: Finance
Question 2 (a) A project in South Korea requires an initial investment of 2 billion South Korean won. The project is expected to generate net cash flows to the subsidiary of 3 billion and 4 billion won in the 2 years of operation, respectively. The project has no salvage value. The current value of the won is 1,100 won per U.S. dollar, and the value of the won is expected to remain constant over the next 2 years. (i). What is the NPV of this project if the required rate of return is 13 percent? (ii). Repeat the question, except assume that the value of the won is expected to be 1,200 won per U.S. dollar after 2 years. Further assume that the funds are blocked and that the parent company will only be able to remit them back to the United States in 2 years. How does this affect the NPV of the project?
In: Finance
Delta Company, a U.S. MNC, is contemplating making a foreign capital expenditure in South Africa. The initial cost of the project is ZAR12,000. The annual cash flows over the five year economic life of the project in ZAR are estimated to be 3,500; 4,500; 5,500; 6,500; and 7,500. The parent firm’s cost of capital in dollars is 8.5%. Long-run inflation is forecasted to be 3.5% per annum in the U.S. and 7.25% percent in South Africa. The current spot foreign exchange rate is ZAR/USD = 3.75.
a. Determine the NPV for the project in USD.
b. . Determine the NPV for the project in ZAR.
c. What is the NPV in dollars if the actual pattern of ZAR/USD exchange rates is: S(0) = 3.75, S(1) = 5.7, S(2) = 6.7, S(3) = 7.2, S(4) = 7.7, and S(5) = 8.2?
In: Accounting
Make two different graphs
Sketch a graph that demonstrates the demand and supply for US dollars against the Canadian dollar. Label the initial equilibrium exchange rate and quantity of dollars.
On the graph, clearly demonstrate (shift the correct curve(s)) what happens to the exchange rate when the US has a higher inflation rate than Canada. Explain why you have drawn the change as you have.
Sketch a graph that demonstrates the demand and supply for the South Korean won against the US dollar. Label the initial equilibrium exchange rate and quantity of won.
On the graph, clearly demonstrate (shift the correct curve(s)) what happens to the exchange rate when strong growth is expected by firms in South Korea. Explain why you have drawn the change as you have.
In: Economics
South Africa: Oil prices drop: What will fuel the energy industry post-COVID-19?
On April 20, 2020, the global petroleum industry witnessed a historic plummeting of benchmark US oil below $0 a barrel. Brent crude oil also has fallen nearly 70% from the beginning of the year. The drop in oil prices raises questions about the future of the global and regional energy industry as well as the role of fossil fuels in the transition towards a more sustainable energy future after the pandemic economic lockdown.
Use the extract above to write an essay in which you discuss the following:
In: Economics
South Central Bank pays 2.5 percent interest, compounded annually, on its savings accounts. Northern Bank pays 2.5 percent simple interest on its savings accounts. You want to deposit sufficient funds today so that you will have $1,500 in your account 2 years from today. The amount you must deposit today:
will be greater if you invest with South Central Bank.
is the same regardless of which bank you choose because they both pay the same rate of interest.
is the same regardless of which bank you choose because they both pay simple interest.
will be greater if you invest with Northern Bank.
is the same regardless of which bank you choose because the time period is the same for both banks.
In: Finance
C++ Primary U.S. interstate highways are numbered 1-99. Odd numbers (like the 5 or 95) go north/south, and evens (like the 10 or 90) go east/west. Auxiliary highways are numbered 100-999, and service the primary highway indicated by the rightmost two digits. Thus, the 405 services the 5, and the 290 services the 90.
Your program will prompt the user to type a highway number ("Please enter a highway number, Ex: 65: "), read in the number typed by the user, and print out whether it is a primary or auxiliary highway. If auxiliary, indicate what primary highway it serves.
Also your program must indicate if the (primary) highway runs north/south or east/west, that it is an invalid number if not between 0 and 999.
In: Mechanical Engineering
A blue car with mass mc = 497 kg is moving east with a speed of vc = 16 m/s and collides with a purple truck with mass mt = 1336 kg that is moving south with an unknown speed. The two collide and lock together after the collision moving at an angle of θ = 51° South of East
1)
What is the magnitude of the initial momentum of the car?
kg-m/s
2)
What is the magnitude of the initial momentum of the truck?
kg-m/s
3)
What is the speed of the truck before the collision?
m/s
4)
What is the magnitude of the momentum of the car-truck combination immediately after the collision?
kg-m/s
5)
What is the speed of the car-truck combination immediately after the collision?
m/s
6)
Compare the magnitude of the TOTAL momentum of the system before and after the collision:
In: Physics