Essays on Swiss

Introduction

The European Union is the result of the flow of economic integration in the world. It was created in 1958 and became a powerful economic group. Within the framework of the Union, the benefits of mutual trade are established, the general economic policy is carried out, and restrictions on the movement of goods, capital, and labor are constantly removed (Krugman, Obstfeld, and Melitz, 2014). The creation of the EU was due primarily to the fact that in Western Europe after the Second World War, the contradiction between the international character of modern production and the narrow national and state ...

Abstract

The aim of this paper is to examine and evaluate the sustainable event management of the Montreux Jazz Company. Conversely, the paper aims at giving a prompt and deceive report on the corporate social responsibility in line with the Montreux Jazz Company. The analysis raise the relevant questions on whether the event examined and evaluated is viable and sustainable using the government policy and the existing theoretical concepts. Furthermore, the analysis is examined using deceive concept on the design and methodology so as to come up with a critical discourse in the line with sustainable event management. The selection ...

Introduction

For the last two decades the popularity of the international investment arbitration and legislation has been dramatically increased. The volume of cases considered by virtue of the interpretation of the provisions of the bilateral investment treaties signed between the parties of the commercial relations has been increased. In addition, this trend reflects the preference of the business units and states in signing agreements with the umbrella clauses due to their simplicity and efficiency in determination of the disputes between the parties. The availability of several mechanisms that can be used for the determination of the interests of the parties ...

Introduction 4

Literature Review 7

Results and Discussion 13 Conclusion and Recommendations 14

References 15

Appendixes 18 Introduction France has been debated on their expatriates’ citizen lately due to the expansion of expat workers. It is seen negatively as some politics state that it is a “lose of brains” for the country because of the crisis and fiscal pressure of the government (Biacabe & Robert, 2014). The French system is often criticized due to the high risk that entrepreneurs are facing when they open their business in France. For instance, as Jean Tirole who awarded the Nobel Prize in economic, explained the French labour ...

Money laundering refers to the criminal activity in which money and funds that have been obtained illegally are used to fund or support legitimate and legal activities. In the process, the illegality of the original criminally obtained money and funds is, in essence, “washed” through its use in the legal activity. A more formal definition of money laundering defines it as, “the process through which criminals, hide, disguise, and legitimize the financial proceeds of their crimes” (FATF). There are a number of benefits that money laundering provides to criminals. First, by using the money to fund legal activities, money ...

Literature review of Global Employee Benefit

Employee’s benefit is an indirect reimbursement, which “include various types of non-wage compensation provided to employees in addition to their normal wages or salaries” (BLS Information, 2008). Examples of the benefits are following: disability income protection, employer-paid housing, health, dental and life insurance, disability income protection, retirement payments, daycare, sick leave, paid vacation, funding of education, any flexible work arrangements, and other social benefits. Nowadays Global companies are a complex mixture of native divisions with their own exclusive and sole benefits needs. Multinational company are to provide their employees benefits that promotes economy, development, technology, efficiency, and at ...

1. The proposed topic is on physician assisted suicide, especially arguing that patients should not be given the prerogative to opt in resorting in ending one’s life, especially for those with chronic, debilitating illnesses and terminal conditions. 2. The topic had been a controversial issue as some societies shun on the option. The recent movie entitled ‘Me Before You’ touched on the topic of euthanasia or physician assisted suicide . As such, one would like to delve more deeply on the topic and determine the rationality or justification for such decisions. 3. The potential thesis statements are as follows:

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Eclectic Forecasting Research Paper

1. The year 2007 is the third year of a series of three consecutive years of broad-based growth in the world. Although developed economies and underdeveloped economies had a world average growth of 3.4 % in 2007 with a previous growth of 4.9 in 2006, the perspective for that year was to an increase in the world growth in 2008 with a value of 3.6% (QUOTE). In the year 2006, 96 of 159 economies of the world increased their gross domestic product with a value higher than 3%, and only nine countries had a negative growth in 2006. The challenge ...

Section 1

One of the famous stories of the 18th century is written by Voltaire in which he tried to deliver his message to the readers through the experiences of Candide (the main character of this story). For that, he showed that Candide believed in the theory to live his life. However, the theories on which Candide lived his his life repeatedly put him to the test throughout this story. Even then, Candide did not change his views and learned from his experiences. Through this story, Voltaire tried to give a lesson to the readers. I believe that there are five ...

1. Company Background

Key Issues

Mission and Vision 2. Unilever Company Application 3. Ice Cream Competitive Environment Application

Company Background

Nestlé is a Swiss based company and its core was formed by two different Swiss companies in 1867, Anglo-Swiss Condensed Milk Company in Switzerland (About Us n.d. para 5). Henri Nestlé sold his company and factory to three businessmen and by 1878 Milkmaid and Nestlé were the main competitors in the European market as they started offering similar products (About Us n.d. para 5). In 1902, Milkmaid, sold off all of its operations based in the United States, paving the way for its ...

Introduction

Strategic management is defined as the process of implementing and stating certain strategies for the company to achieve desired objectives of the organization. The managers at leading organizations lay out the strategic objectives and make sure that strategies are being implemented to achieve the desired goals. The strategic management is a successful way to set the directional path for an organization to achieve the desired state. The risk management and market expansion globally can pave the smooth path for an organization to achieve the strategic goals. The objective of the research paper is to develop an understanding of the ...

The Big Mac Index

I would like to analyze The Big Mac Index in European region. I chose 5 currencies: Euro, Sterling, Swiss franc, Zloty and Kroner. Let us have a look on Big Mac prices in each of the country from 2012 to 2016.

Euro area

As it can be seen from this table, raw index was always undervalued – the Bic Mac price in euro was lower than in dollar. It means that the euro currency is overvalued against the dollar. Moreover, we may conclude that the euro is not a very stable currency because the price for Bic Mac changes every year. In ...

Introduction

Over the course of the last few decades, global pollution has overwhelmingly been on the rise. As years go by - the humans' way of thinking evolves. Hence, the technological aspect of life keeps on advancing rapidly at the expense of contaminating our planet. Similar to other elements associated with human life, the natural environment is also undergoing a continuous change. There is the unchallengeable need of developing knowledge of the issues that characterize this change. The modern world is experiencing an increase in the natural calamities and varying weather patterns. These changes are primarily associated with the environmental ...

Aircraft Cabin Safety

Accidents are complex systems that happen when multiple failures and factors accumulate and finally blow out of proportion. The failures and factors that accumulate are jointly sufficient to cause various types of accidents. Aircraft systems are complex systems that have the potential multi-causal conditions. The conditions rarely arise but when they do they create a possible trajectory for an accident. Most of the factors that cause these accidents are always present way before they are triggered and an accident occurs. Additionally, most of them are actually triggered by the organization of the system itself due to its design, the ...

1. Introduction Marketing refers to the set of all the strategies utilized for the purpose of promoting or selling the services of any company. It always plays a key role in the success of all types of small, medium and large sizes of businesses. And, without the shadow of any doubt, the success of a marketing strategy heavily depends on how well it is planned and implemented, and how accurately it addresses the needs of the target audience for a business (Kotler & Armstrong, 2006).The current paper aims to analyze the marketing strategy of two different airline companies i.e. ...

It is a world-leading provider when it comes to cargo services. Swiss port does handle cargo from over 100 airports in the whole world. The organization itself is set up in a way that it can manage both operational and sales services. This is done through their Customer Relationship Management (CRM) which is all designed and built to ensure that the customers get satisfied with their services. Swissport is doing its very best to intertwine its services with very emerging technologies to ensure their clients are pleased with their high-end quality of services. Moreover, the rolling out of new ...

Executive Summary

Nearly all workplace accidents are caused by human error. Some of the most disastrous workplace accidents in recorded history, such as Chernobyl disaster, the Piper Alpha, and Texas City Refinery Plant explosion were all attributed to human error. Every worker is prone to error regardless of the level of training, experience, and knowledge. Errors can be caused by slips and lapses of judgment, violation of existing procedures, and inadvertent mistakes. Also, errors can be caused by an unfavorable work environment and conditions that places undue stress on the worker. Measures can be taken to reduce the probability of human ...

Introduction

Asia is expected to become the second leading region for B2C eCommerce sales globally by the year 2018, second to North America, with an average sale of approximately 37.4% (Econsultancy Asia, 2014). The significant growth in this sector would be attributed to the high rate of urbanization within Asia, an increase in the number of active internet users within the Asian continent as well as mobile technological development. Other factors include an increase in the level of social commerce, growing consumer spending, changing trends in eCommerce payment solutions and cross-border trade.

Assumptions underlying the future development of a successful e-commerce business in Asia.

Asia is a densely populated continent with an ...

With the rise of terrorist attacks and weapon proliferation, the issue of personal safety of politicians and their families has become a matter of concern. Security and executive protection have been turned into business. Over the years people with special physical training have been providing protection and safety to those whose lives may be endangered because of their assets, property, role in the society, etc. It is worth to explain that nowadays personal protection officers are those officers who are assigned to the members of diplomatic corpuses or royal families to ensure their protection. A personal protection officer should ...

Henry Wadsworth Longfellow

It is common knowledge that every well-educated person should know, understand and appreciate music. However, no matter how well aware of various composers and genres people might be, many of us find it difficult to feel it. There are numerous examples of musicians who can technically perform a piece, but when you listen to them playing, you realize that you might as well listen to a robot. Only the emotion behind the melody gives music a truly human feel and makes it a universal human language that will be understood all over the world. Thus, it is extremely important ...

Overrun Accident of The American Airlines Flight 1420

Abstract The American Airlines accident Flight 1420 is identified as a runway overrun accident. The National Transportation Safety Board conducted an investigation to find the cause. This project is primarily focused on the human factor issue that might have caused the accident. The project explored the Human Factor Analysis and Classification System and used the Swiss Cheese Model to link the chain of events to determine the cause of the accident. The Human Factor Analysis and Classification System was used by the National Transportation Safety Board to analyze the human factors issues within American Airlines Flight 1420. This system ...

Introduction

Beaver Tails is a Canadian business specializing in hand made pastries, snacks and sweets. The company is currently operating in four countries namely Canada, USA, Japan and South Korea. The head office of the company is in Montreal, Canada. The business is aspiring to pursue an international business strategy for the growth. The increasing trend of globalization and increased competition has forced the business to consider the expansion into the Europe. Europe is home to the fashion industry with many tourism sites and attractions. The country selected for the expansion is Switzerland. This report addresses the various issues related ...

The Montreux Jazz Festival, founded in 1967, has grown to the second largest jazz festival in the world after the Montreal International Jazz Festival of Canada. Over the years, a wide variety of musical forms has been integrated into this festival. Currently, the Montreux Jazz Festival includes almost all forms of music even while jazz remaining a major part of the festival. Today a number of world’s famous musicians perform in the festival, and this festival has currently audience strength of over 200,000. In each year, new additional events are included in the festival so as to ...

Finance

Treasury Risk Management (a) (a.1)

The forward rate is:

Forward rate = 1.4010 + 0.095 Forward rate = 1.4105 Payment in six months: 8.5 million euros. Payment in GBP = 6,03 million GBP (a.2) 8.5 million EUR are 85000 options paid: Call: 1.2 * 85000 = 102000 GBP in paid premium Put: 1 * 85000 = 85000 GBP in paid premium Both strike options are different from the two values of currency exchange 1.37 EUR/GBP and 1.43 EUR/GBP. The results will be: 8,5 million EUR / 1.42 = 5,985,915.49 GBP – 102000 GBP = 5,883,915.00 GBP 8,5 million EUR / 1.4180 = 5,994,358.00 GBP – 85000 GBP = ...

Net receipts

When the exchange rate is GBP1 = EUR1.37

Option 1: Forward contract

We subtract the forward points from the spot rates since the bid forward point is greater than ask forward points. Beck Plc. will have 8.5 million euros hence it will buy British pounds at the ask rate. Amount receivable = 8,500,0001.4047 = GBP 6,051,114.11 Net amount received = amount receivable – forward contract cost/premium = 6,051,114.11 – 0 = GBP 6,051,114.11

Option 2: Option hedge

We use a put option since it is a receivable. The spot rate is more favourable than the exercise rate hence Beck Plc. will not exercise the option. Amount receivable = ...