Tuesday, April 9, 2013

Hume


What is a miracle, according to Hume? What is Van Inwagen's problem with Hume's understanding of miracles?

Hume provide four reason that the miracle does not happen. Which one is most plausible for you.


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Describe the Decision Making Issues of BestBuy as an Organization as it Relates with Cost, Time & availability of information


singularity


Description:
History- Critical Thinking: Facts, Evidence and Explanation

As a Critical Thinking and History student you have been a
sked by technology developers to give your input into the further development of the new technologies discussed in “Exploring the Singularity.” Through your understanding of the social, political and ethical issues revealed in the fictional works of Frankenstein, Blade Runner and Gattaca argue why or why not you support the development of one of the technologies discussed in the article.
Requirements and Assessment:
Mechanics – two page paper, double-spaced
Content - You will be assessed on your ability to: support your thesis with both factual and analytical evidence from our class readings and discussions. 

international finance project



Description:
Section one: Introduction
In this section you will introduce the main product of the parent MNC located in the EU. this MNC needs to expand its business by selling its product in a foreign country. You should choose that country but do not choose a country that has a pegged exchange rate system with the Euro currency. Then you have to state what method of international business you will use to sell the product in that country and provide explanation why did you choose this method. (1 page)
2. Section two: Assessing Country Factors That Will Affect the Demand for the Product
In this section you determine whether your business would be affected by government barriers. Therefore review the government controls set by that country's government that could influence the exchange rates. Investigate only foreign exchange barriers and foreign trade barriers presented in chapter 4 and for more details about those barriers you can read chapter 6. (Maximum 1 page)
3. Section 3: Using the Foreign Exchange Market.
The country you chosen should adopt either a freely floating or managed float exchange rate systems. Access Recent Exchange Rates of the foreign currency you chosen; Go online to one of the currency exchange sites. Explain how the main foreign currency for your business has changed over the last twelve months/quarters/years. Use tables and charts to clarify your explanations and do not rely on text only to recognize the issues regarding exchange rate risk that are discussed throughout the text. (1 page)
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4. Section 4: Using Exchange Market Derivatives
Conducting international business means that you will receive foreign currency when selling your product or pay with foreign currency when buying your supplies from that same country. In this section you will demonstrate how you can use currency derivatives to hedge the exchange rate risk of your MNC by make a hypothetical example of using derivatives to hedge the exchange rate risk of your MNC. (Maximum 2 pages)
 Hedging against receivables: The main parent MNC is expecting to receive a cash flow of 10 million Euro’s from its business in that foreign country after 30 days if the current spot rate does not change. However, the foreign exchange rate is expected to depreciate.
 Hedging against payables: The main parent MNC is expecting to pay for supplies in foreign currency equivalent to 2 million Euro’s from its business that foreign country after 30 days. However, the foreign exchange rate is expected to appreciate.
 For the previous two cases you have to decide to use futures or options to hedge the exchange rate risk of your MNC and explain why you choose which.
 To access Futures and options Quotes Go to www.cmegroup.com and choose FX from the menu of services, then determine the prevailing futures/ options price of the main foreign currency for your business. After that determine the prevailing spot rate, what is the discount or premium of the futures price?
5. Section 5: Summary and Conclusions (1 page)
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A good project will show clearly each step of the process of conducting international business in that foreign country. With a good justification of each decision you make. Then it is recommended that you support your work with graphs and trends when possible. Adding your own comments to the project will enrich your project. Groups: this project could be by groups of two students only or individual if you prefer. Text format: Font: 12 pt, Times New Roman; Margin: one inch from all sides, Spacing: 1.5 spaced. Pages should be numbered. Cover page will not be numbered. Cover page will have the names and student Id. Length: The paper should be approximately 9 pages long including cover page and references page. It may be a little more or less. I will give more weight to quality rather than quantity. Referencing: The project must be based on the rules of academic writing. When you use the ideas of somebody else, you must give a reference. References should be consistent. That is, only one method of referencing should be followed. You cannot mix various styles when giving references. Plagiarism: Cut and paste will not be tolerated at all. If you want to use other authors’ ideas word-for- word, do it properly by putting those words under quotation marks. Do not use too many quotations because it will reduce your own input. You will get points based on originality, effort, depth of discussion, and format/organization. Project Evaluation

Recommendation for Lance Johnstone


Description:
Your summary should include details regarding the project's strengths, weaknesses, the opportunities for a successful project, and the threats against the project's success.

Analysis the real-world example of a business facing a social responsibility issue.


Description:
There is one-paragraph description of the company and its issue in attachment.
Your Analysis outline:
1: Introduction--
A : The major facts of the situation
B : who are the major parties directly involved?
C : wHO ARE the parties indirectly affevted by the situation?

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2: Analysis---
A : What problem
B : What led to this becoming a social responsibility issue for the company?
C : What are the ethical underpinings of the situation
D : What are the wider issues at play there

3 : Recommendation
A: What, if anything,should the organzition do?
B: How will your proposal address the situation?
C: What is the major lesson to be learned from this case

Major DON'TS of the analyses write-ups:

Don't engage in rhetoric.
Don't try to woo me with eloquence-I am looking for substance.

Strategic Audit for FORD

I.                    Introduction to the Organization - History of the Company & Current Status
A.      When was the organization founded, why and by whom? 
B.      Discuss unusual history associated with the organization.
C.      Is it privately or publicly held?
D.      Other information?
E.        
II.                  Analysis of the Macro-Environment
A.      What political/legal forces affect the industry?
B.      What economic forces affect the industry?
C.      What social forces affect the industry?
D.      What technological forces affect the industry?
E.      What are the threats and opportunities facing the organization?

III.              Identification of the Industry and the Competitors -- Industry definition is necessary so that competitors can be identified; macro-environmental forces that affect the organization and its industry can be assessed, and the organization’s relative strengths and weaknesses can be compared to other organizations within the industry. 

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IV.                Analysis of the Industry
A.      Strategic Group(s) in which the company exists and competitors in it/them.
B.      Intensity of rivalry among existing competitors (Use Porters 5 Forces for B,C,D,E, & F)
C.      Threat of new competitors entering the industry
D.      Threat of substitute products or services
E.      Bargaining power of buyers
F.      Bargaining power of suppliers
G.      Potential Profitability of the Industry - What organizations have succeeded and failed in the industry and why?
H.      What are the Critical Success Factors for the industry?


V.                  What is the organization’s measurement and control system?
A.      Current financial position - Is the organization financially sound?
B.      Compare with competitors and standards.
C.      Use financial analysis tools.
D.      What are the organization’s Key Performance Indicators (KPI’s)?

VI.                Analysis of the Organization (Mission, Vision, Core Values, Operating Guidelines, Core Competencies, Goals)
A.      What is the mission of the organization? Has the mission changed over time?
B.      What is the vision of the organization?  Has the vision changed over time?
C.      What are the organizations core values and operating guidelines?
D.      What are the organization’s core competencies?  How are they unique?
E.      What are the organization’s broad and specific goals?

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VII.            Analysis of the Organization – Organization-Level and Business Unit Strategies
A.      What are the current organization-level strategies?  Business unit strategies?
B.      How are the strategies aligned with the goals?
C.      Compare this organization’s strategies with those of competitors. 
D.      Use SWOT analysis and Gap analysis to suggest strategies. 
E.      Evaluate strategies (advantages & disadvantages of each strategy).
F.      Key performance indicators (KPI’s)

VIII.          Analysis of the Organization – Functional Strategies
A.      Marketing – Finance – Operations – Purchasing – Human Resources – Information Systems
B.      How well are the functional strategies aligned?

IX.              Analyze organization’s improvement/change initiatives (e.g., Six Sigma, SQM, TQM, Lean Manufacturing, etc.)
A.      Previous & current impact/success of improvement initiatives.
B.      Alignment of improvement initiatives and integration into strategic management of the organization.
C.      Comparison of improvement initiatives with other organizations within and outside the industry.

X.                  Conclusion and Future of Organization
A.      Comment about the organization’s profile for future competitiveness and success.
B.      What does the organization have to do right to succeed (organization’s Critical Success Factors)?
C.      What are the expected results in terms of short-and long-term profitability and survival?