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Extensive cross-border activities expose Avon to all kinds of effects brought about by volatile exchange rates. For example, in the mid 1980s, the dollar reached a peak in 1985. As the dollar rose to its 1985 peak, converting foreign earnings from weakening currencies into dollars reduced Avon’s profits. However, as the dollar fell between 1985 and 1987, conversion from strengthening currencies increased the profits from […]

how did the Porsche family overcome the family differences to make an economic turnover.The Porsche family members didn’t get along very well with their appointed chief executives in the 1980s. The feuding between the family and the executives ended only in the early 1990s when financial losses hit the company. In 1993, the family brought in Wendelin Wiedeking to head the company. Wiedeking largely remade […]

Belgium-based InBev, the world’s number one brewer, was formed in 2004 through a complex merger arrangement between Interbrew of Belgium and Companhia de Bebidas das Américas (AmBev) of Brazil. Interbrew (we use ‘Interbrew’ rather than ‘InBev’, as most business activities discussed in this case happened during the Interbrew period) traces its origins to a brewery called Den Horen, established in 1366 in Leuven, Belgium. In […]

With a presence in 62 countries and 69 per cent of its 61,000 worldwide employees based outside of its French home base, LVMH has had to carefully design its international human resources management. A crucial component of international human resources management at LVMH is the management of international assignments, with expatriates occupying key strategic positions. Such assignments are often a stepping toward even more important […]

Many people have been very sceptical about Dell’s ability to replicate its famous direct sales model abroad. According to CEO Michael Dell, when the US-based computer hardware company first expanded internationally (into the UK in 1987), ‘of the twenty-two journalists who came to our press announcement, about twenty-one predicted that we would fail. The direct model is an American concept, they claimed; nobody will buy […]

Of all the countries and industries one could match, the combination of Mexico and cement does not necessarily sound like the ideal couple to produce an efficient organization, able to expand internationally largely through effective acquisitions. Yet CEMEX has done just that. It has grown from a local Mexican producer into the third-largest cement producer in the world by 2005, after France’s Lafarge and Switzerland’s […]

In 1992, US-based American International Group (AIG), one of the world’s largest insurance companies, was given the first license issued to any foreign company to operate in China’s insurance market. Although other foreign companies started to receive licenses in 1995, by 2001 AIG still held 8 out of the 12 licenses granted to non-Chinese firms in the Chinese insurance industry. Moreover, the other foreign insurers […]

In the 1990s, US-based Nike Inc., the largest athletic shoe company in the world, was accused by labour and human rights activists of operating sweatshops in Indonesia, Vietnam and China. Nike initially viewed such accusations as public relations problems, but finally changed its defensive tactics to a more proactive approach after serious damage was inflicted to its reputation in the late 1990s. In the new […]

Wridemy Plagiarism Free Paper Writing Website. Visit us here Wridemy The bill of rights contains some of our most important liberties that most people take for granted. This was not always the case. For your final exam you are to review the bill of rights (1st ten amendments) and describe how they effect our current lives. If you believe some changes or additions could be […]

Since the early 1990s, Shell’s reputation has been battered by corporate social responsibility problems such as the Brent Spar controversy and the Ken SaroWiwa trial in Nigeria. (Ken Saro-Wiwa was the environmentalist who was hanged and whose death some attributed in part to Shell.) Shell gradually realized that dismissing environmental and social issues could seriously hurt its business. It started to develop a company-wide environmental […]