Click here to Get Complete Solved Assignments
List of Fresher Jobs, Walk in Interview
Right place for Job Seeker. Fresher Job, Walkin Interview, Exam results.
Visit www.walkinjobstoday.com

Fall 2013 smu mba solved assignments of IB0010 Q1. Explain the goals of international financial management. Give complete explanation on Gold Standard 1876-1913. List down the advantages and disadvantages of Gold Standard.

Answer:  Goals of international financial management
Maximize Profits: A company's most important goal is to make money and keep it. Profit-margin ratios are one way to measure how much money a company squeezes from its total revenue or total sales.
 Minimize Costs: Companies use cost controls to manage and/or reduce their business
expenses. To be profitable, companies must not only earn revenues, but also control costs.
 Maximize Market Share: Market share is calculated by taking a company's sales over a given period and dividing it by the total sales of its industry over the same period.
Management and Stockholder Wealth: Under certain circumstances, management may be more interested in maintaining its own tenure and protecting “private spheres of influence” than in maximizing stockholder wealth.

Social Responsibility and Ethical Behavior: By adopting policies that maximize values in the market, the firm can attract capital, provide employment, and offer benefits to its community.

Gold Standard 1876-1913: A gold standard is a monetary system in which the standard economic unit of account is based on a fixed quantity of gold. As of 2013 no country used a gold standard as the basis of its monetary system, although some hold substantial gold reserves.

0 comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...
 
x

Get Our Latest Posts Via Email - It's Free

Enter your email address:

Delivered by FeedBurner