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I need a short essay on 2 out of the 5 following questions:

1. International trade has always existed, although it did not create huge volumes of exchanges in antiquity. We discussed in class early examples of societies that specialized on trade, with significant success, (think of the Phoenicians, and the Athenians). Among them, at the dawn of the Modern Era, the Republic of Venice was especially successful. For centuries it managed to dominate East-West trade, (mostly goods that had traveled from East to West on the “Silk Road” and arrived to the shores of the Eastern Mediterranean), after having acquired control over the sea lanes in the Eastern Mediterranean Sea. Explain how Venice accomplished this dominant position, and why eventually it was lost.

2. Discuss the “Hansa League” and why it became so successful, for centuries in creating a reliable system of trade relations connecting cities in Northern Germany, to other cities in the Baltic City and beyond. It was a rules based system. Please describe why this is a significant achievement in the history of modern trade.

3. What is Mercantilism? Who was Jean Baptiste Colbert? What were mercantilist policies supposed to achieve? Was this approach to trade ultimately successful; or not? Please discuss.

4. The first long public debate about the merits of “Protectionism”, versus “Free Trade” policies took place in Britain around the issue of the “Corn Laws’. Please discuss the arguments made on both sides, and why eventually Free Trade won.

5. The European Union is a solid example of a successful Free Trade Area, FTA. Please discuss the motives that led back in the 1950s to the beginning of the process of trade cooperation among the first group of 6 members and the EU mixed record when later on its development it started a process of integration in areas beyond trade (free movement of people, competition policy, monetary union, and more).

 

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write my assignment 3365

Part A:    What are the advantages and disadvantages of advertising, public relations, personal selling, and sales promotion from the perspective of a small independent retailer?

Part B:     Develop a promotional budget for a new ready-to-assemble furniture retailer located in a college town using the objective-and-task method.

Part C:    Develop a vertical audit form for customer service for the same ready-to-assemble furniture retailer specializing in the college student market.

Part D:    Explain how the same ready-to-assemble furniture retailer can improve its customer service program through use of the principles of the total retail experience and relationship retailing.

 

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Assignment 2: Discussion—McDonald’s Global Strategy

Generally speaking, many companies are interested in the potential cost savings of using the same product and promotional mix on a global basis. It is easier to control the program and less time is required in developing the marketing plan. However, as you have learned, each country has a different culture, and a successful marketing strategy must connect with the local population.

McDonald’s is one of the most successful American companies in the global market since it has skillfully adapted its international marketing strategy, and its menu to meet local tastes and preferences thus allowing it to prosper in almost every local environment. You may be surprised to know that McDonald’s now earns a majority of its revenues overseas.

Use your module readings, the Argosy University online library resources, and the Internet to research McDonald’s global marketing strategy. Then, respond to the following:

  1. How do local laws, local taste preferences, and local culture impact McDonald’s global strategy?
  2. How does McDonald’s develop long-term relationships in a foreign country through its vendor sourcing strategy and marketing campaigns? Can McDonald’s improve this process? If so, how? If not, explain why.
  3. Have your thoughts on global standardization changed? Please explain why.

By the due date assigned, post your response to the Discussion AreaThrough the end of the module, review and comment on at least two peers’ responses .

Write your initial response in 300–500 words. Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuationDo the following when responding to your peers:

  • Read your peers’ answers.
  • Provide substantive comments by
    • contributing new, relevant information from course readings, Web sites, or other sources;
    • building on the remarks or questions of others; or
    • sharing practical examples of key concepts from your professional or personal experiences
  • Respond to feedback on your posting and provide feedback to other students on their ideas.
  • Make sure your writing
    • is clear, concise, and organized;
    • demonstrates ethical scholarship in accurate representation and attribution of sources; and
    • displays accurate spelling, grammar, and punctuation.

 

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Individual Assignment: Restructuring DebtYour company is in financial trouble and is in the process of reorganization. Your manager wants to know how you will report on restructuring the debt. Use the following information to help with this assignment.Part AASSETS CURRENT ASSETS 108,340 2,866,260 62,150 Operating supplies, at lower of average 58,630 446,050 3,541,430 PROPERTY, PLANT AND EQUIPMENT (at cost) 1,950,000 2,327,410 5,015,660 1,645,580 total 10,938,650 (7,644,430) Net Property, Plant, and Equipment 3,294,220 OTHER ASSETS 1,000,080 7,835,730 LIABILITIES AND SHAREHOLDERS’ EQUITY (DEFICIT) CURRENT LIABILITIES 972,160 2,071,270 793,620 19,710 500 Current maturities of long-term debt and 50,610 249,250 4,157,120 LONG-TERM LIABILITIES 54,580 3,000,000 Mortgage Outstanding 608,030 95,860 Total Long-term Liabilities 3,758,470 7,915,590 SHAREHOLDERS’ EQUITY (DEFICIT) Common stock, $.01 par value; authorized 2,310 731,090 (113,500) (639,180)Treasury stock (60,580) (79,860) TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 7,835,730 Part BAs stipulated, your company is having financial difficulty and has asked the bank to restructure its $3 million note outstanding. The present note has 3 years remaining and pays a current interest rate of 10%. The present market rate for a loan of this nature is 12%. The note was issued at its face value. The bank agrees to accept land in exchange for relinquishing its claim on this note. The land has a book value of $1,950,000 and a fair value of $2,400,000.The company provides the following information related to its post employment benefits for the year 2007: Accumulated postretirement benefit obligation at January 1, 2007 $810,000 Actual and expected return on plan assets $34,000Unrecognized prior service cost amortization $21,000Discount rate 10%Service cost $88,000Part AProvide your manager a comparison of the current reporting for debt, explaining the requirements for each type (bond, mortgage, capital lease, and others). Then, prepare the journal entries for the restructuring. Part BTo satisfy various benefit issues that have arisen as a result of the restructuring, new post employment benefits have been created. The company currently has a defined benefits plan and is considering switching to a defined contribution plan to save costs. Compute the costs associated with keeping the current plan versus the costs of a defined contribution plan where the employer pays 3% of payroll. The agreement is that the employees get to keep what is already in the defined benefit plan. This prevents the situation of having to compute how much the company would recapture in surplus assets resulting from terminating the old plan. Then, compute a new post employment benefit expense for 2007 and report this to your manager. Illustrate with schedules and notes.

 

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