Got a tricky question? Receive an answer from students like you! Try us!

MNC Enters India - Term Paper Example

Only on StudentShare
College
Term Paper
Finance & Accounting
Pages 8 (2008 words)

Summary

MNC Enters India 1.Summary of the Business IKEA, a Swedish based retail company is well-known throughout the globe in manufacturing, designing as well as selling furniture that include desks, beds, chairs along with home accessories and home appliances among others…

Extract of sample
MNC Enters India

The company is basically involved in selling quality home furnishing products and home appliances among others through various franchises and retail outlets. The best aspect about this company is that its products are not very costly and thus are quite affordable. The company is responsible for attracting huge figure of consumers in its various retail outlets due to the deliverance of quality products to them and also complying with their requirements at large. It can be apparently viewed in this similar concern that the company was able to attract around 770 million of consumers who visited various retail outlets of IKEA in the year 2012. The company has a total of 338 stores and includes 154,000 co-workers (Inter IKEA Systems B.V., 2012). 2. Tracking of the Currency Exchange Rate for the Past 24 Months This part of the paper will entail the tracking of the exchange rate of Indian Rupee in relation to the US Dollar. It can be apparently observed in this regard that there have been a lot of fluctuations relating to India’s exchange rate. Presently, the value of Indian Rupee has fallen to a new record of 64 per dollar. ...
Download paper
Not exactly what you need?

Related Essays

Globalization in Egypt and India
With the invasion of foreigners in the 19th century, everything changed hands. Not only were local leaderships surrendered into the hands of Europeans, the Egyptian land was also taken (Khalid, 2009). During the colonial period, Egypt was transformed in that the education systems, farm-level irrigation projects, and economic growth were all improved. These were later left in the hands of Egyptians once they strove for independence that they attained (Mahmoud, 2009). India. Before globalization took place in India, the country was undeveloped. Technology was not much developed and business or…
3 pages (753 words)
Is the Fiscal policy of India Sustainable?
The staggered recovery in the economy has apparently terminated the growth dynamics of major industrialized economies and the developed nations. The declining growth rates of the household and the shyness of the business market has been adversely affecting the world trade and the employment scenario simultaneously. The huge funding requirements of the banks and the sovereigns can be also regarded as one of the major problems of these nations. On the other hand the emerging and the developing markets in the global platform at the same time are growing at an accelerated rate2. Similarly one of…
60 pages (15060 words)
A Subsidiary of an MNC in Saudi Arabia
Best Company, Inc, 2011). All these factors are set to affect political and financial stability of Saudi Arabia. The paper will look into the political and financial risks that will affect a subsidiary of an MNC coming to do business in Saudi Arabia for the first time. Political Risk The political risk in Saudi Arabia is moderate. Saudi Arabia is among the six countries that frame the Gulf Cooperation Council (GCC). The objectives of GCC are formulation of consistent regulatory environment, cooperation of the private sector, and the establishment of a common currency. The regional political…
4 pages (1004 words)
Mutli-National Company Entering India
Gazprom operates in the industry of natural gas. From the demand side the factors affecting sales of the company and its profitability are weather, demographics, economic growth, fuel consumption, storage and exports. From the supply side, the factors affecting sales are pipeline capacity, storage, gas drilling, natural phenomena, technical issues and imports. The demand of natural gas has followed the cyclical pattern. It depends on time and season changes. The peak season of demand is the coldest months while demand is low in the hotter months although demand increases slightly in summer to…
8 pages (2008 words)
Research paper on recent mnc acquisition
The annual sales of Alcon in 2009 was above USD 6.6 million and its operating profit stood over USD 2.2 billion while net income was over USD 1.99 billion. The acquisition of the Alcon will give Novartis the opportunity to expand its portfolio in the eye care segment where there is a latent potential for growth due to aging population and globalisation of emerging markets. The combined portfolio of Alcon and Novartis can now tackle a broad range of untapped demands in this segment. The most important thing to note about the success of this acquisition is the complementary pharmaceutical…
Financial Performance of Retail Banking in India
Amidst all unfavourable global financial climates, India’s Banking Industry, especially the retail banking industry was able to maintain steady growth. “Retail Banking is a banking service that is geared primarily towards individual consumers. Retail banking is usually made available by commercial banks, as well as smaller community banks. Unlike wholesale banking, retail banking focuses strictly on consumer markets”(Dr. Revathy, 2012, p.132). In fact the pace at which the Indian banking industry has grown in recent times has surprised many economists and neutral observers. The growth in…
10 pages (2510 words)
Financial Performance of Retail Banking in India
According to World Bank report of 2011, the value of the Indian economy is around $1.848 trillion, which can be considered as the tenth- major economy in terms of exchange rates (World Bank, 2013). However, the major challenge that the country faces is poverty. Though the country and its government has been successful in diminishing poverty from 55 percent in the year 1973, to around 27 percent in 2004, but around 1.1 billion citizens of the country are below the poverty line (Nayak, Goldar, and Agarwal, 2010). It has been noticed that 30 percent of the rural population are below the poverty…
12 pages (3012 words)