Finance Essay Example | Topics and Well Written Essays - 1000 words - 9

Finance - Essay Example (as to differentiate it to Private Finance), Housing and construction (availability of infrastructures), Output, capacity, and capacity utilization of existing and planned infrastructures, Merchandise trade, National accounts, Labor market, Population, Prices and Wholesale and Retail trade Some specific items under the broad categories mentioned includes the amount of potential customers and their preference, trends in economic growth and operating expenses such as wages, costs of local supplies, taxes and other expenditures, operations and profitability of competitors, planned economic ventures and differences in currency denominations. Also included is the determination of availability of resources, inflation rates, external debt payments as a measure of the credibility and involvement of the governing institutions of the country. Equally important issues that must be considered are risks such as insolvency of the buyer, risk of protracted default or the failure of the buyer to pay the amount due within six months after the due date, risk of non-acceptance and surrendering economic sovereignty. There are also political risks (which would influence economic conditions) that must be taken into consideration such as the risk of cancellation or non-renewal of export or import licenses, conflict risks, risk of expropriation or confiscation of the importers company, risk of the imposition of an import ban after the shipment of the goods, transfer risk or the imposition of exchange controls by the importers country or foreign currency shortages. The World Bank currently has a numerical measure/ ratings in determining the ‘business friendliness’ of countries. It would seem that forecasting would require voluminous data. This would indeed be the case for some forecasting projects. However, some ventures would only require some data depending on the forecast models and equations they are using. There are many reasons why business firms are going global foremost

Corporate Responsibility & Governance Assignment - 1

Corporate Responsibility & Governance - Assignment Example Wealth creation is not the sole objective that firms should pursue rather they are obliged to other goals that are aimed at ensuring the enterprise gives back to the society that has been supporting it through its journey to success (Aras, & Crowther, 2012). Corporate governance, on the other hand, is the mechanisms that stakeholders of a business utilise to conduct internal control of the affairs of the organisation so as to ensure their interests are well safeguarded. Corporate governance is frequently premised by two circumstances the first one if through the agency problem or rather a conflict of interests between various parties that necessitated for an oversight role to be implemented by the stakeholders. Additionally, if the transaction costs are too high or rather are in such a manner that the agency problem cannot be adequately solved then corporate governance will be necessary to safeguard the interests of the company’s stakeholders (Simpson and Taylor, 2013). Coca Cola is a global organisation that conducts its operations in numerous countries across the world. For the purpose of this report, we are going to focus on the Coca Cola International in India on how it conducts its corporate governance. Since it is an international organisation Coca-Cola implements a rather similar corporate governance mechanism for all its affiliate companies in all countries with slight modifications to fit the regulatory requirements for the individual nations where the company is conducting its operations. The company has governance codes that guide them in the presentation of their corporate report. The code addresses a number of issues that are going to be elaborated as follows. To begin with corporate governance is all about internal control; that duty is bestowed on the directors of the company. The corporate governance code of Coca-Cola addresses the roles and duties of