Teranga West Africa presents a subsidiary of a European company located in a region of the world that presents some unique opportunities and challenges for conducting business. This case can be used as an introduction to a discussion of differences in doing business in a developing country environment from those of a typical Western setting. It can also be used to develop a spreadsheet that tracks actual versus estimated planned and unplanned costs and their impact on rate of return. Ideally, this case can be used for both. The case is appropriate for any accounting or finance course that deals with Managerial and Cost Accounting concepts, in addition to International Accounting issues.
Companies really do value employees with technical expertise and credit managers have a lot to think about concerning the appropriate expertise for career development. There is no better way to accelerate business credit skills in the area of international risk management than through the Finance Credit and International Business (FCIB) online course in International Credit and Risk Management. The International Credit and Risk Management course is delivered via an online format in a cohort model approach. The cohort model simply refers to the use of an instructor-led course that includes considerable peer-to-peer interaction throughout the course. FCIB furnishes an excellent glossary of terms that is quite useful to credit managers. One of the most important points to consider in the c...
Oklahoma City Community College will begin offering two of the six classes in its new Certificate of Mastery in International Business program this fall. The classes are Fundamentals of International Business and Fundamentals of International Marketing. Other program courses to be offered soon include Fundamentals of International Finance, Fundamentals of International Logistics Management, Introduction to International Economics and an International Capstone course.
To far more people than we would like to admit, the mystery of James W. von Brunn, the alleged shooter at the Holocaust Memorial Museum, is not that he held such weird and depraved views about Jews and the Holocaust, but that those views are considered weird and depraved. In vast parts of the Islamic world, too many people not only deny the Holocaust but embrace the thinking that made it possible. In his remarkable speech at Cairo University, President Obama only inferentially mentioned this aspect of what has become an ugly part of the Middle East: a tolerance for and advocacy of old-style anti-Semitism. There is, in fact, nothing that von Brunn professed that is not commonly heard or published in the Middle East. Do Jews control world finance, media, international organizations and th...
Economics, as a discipline, has grown substantially from its early roots of political economy and philosophy. Not only has the discipline itself evolved over time, but nearly everything about it has changed, from the topics we examine, the tools we use, and the way it is taught. Economics, however, has always had a basis in international analysis, though while once presumed goal of that analysis was national enrichment it is now more likely to be global production enhancement, leading to rising standards of living everywhere. This paper analyzes the experience of one University Department of Economics as it makes it way toward internationalization. This article demonstrates how fairly simple changes in even principles courses (the incorporation of case studies) has markedly changed the ...
... international trade and international finance. This was due primarily to the fact that the Unive...
In an interview, David Taylor, General Secretary, UEFA, talked about sports business and professional football. In many ways sports business and non-sports business are the same. The need to run a business and manage a business in an efficient and profitable way is the same in sports business as in other businesses. The real difference, of course, lays in the nature of the business itself -- the sport -- the effect of the business of the playing of the games and the uncertain outcome of the games. There is intense competition, but not in the same way as in competition in the business world. Taylor is very much in favor of UEFA getting closer to the fans of clubs. Fans have particular views and different perspectives in terms of the game that UEFA plays. Football is a big business, but t...
The observations regarding the Interactive Television (ITV) course are compared to the author's experiences with the identical graduate finance course offered in a completely online format and in a traditional face to face classroom format. Modern ITV is a form of delivery of the same course in multiple locations with the instructor and students able to see and hear each other in real time. The sending location typically involves the instructor providing either a traditional lecture or a lecture accompanied by computer generated materials or by the use of a document camera which can serve as a "white board" to write upon or to illustrate, for example, the use of a calculator. Students in the same room are able to view the identical illustrations being provided to the students in the "aw...
Given the ever-changing accounting profession, accountants knew it would be only a matter of time before Certified Public Accountant (CPA) and Certified Management Accountant (CMA), the two long-standing, highly regarded professional certification exams, would make changes. The key changes in the CPA exam relate to the specific content and skills coverage, including International Financial Reporting Standards, within the current four-section format. The new nine-step streamlined approach is designed to show students that dual certification is very attainable. These include: 1. Over the course of the junior-year semesters, a student completes the intermediate accounting sequence, corporate finance, an information systems course, operations management, and, if possible, a finance elective...
... use of the European Central Bank (ECB) to finance their deficits indirectly. . The theory of the tra... its purchasing power are following this course. The euro is threatened by independent states' try... [euro] from the Eurozone and the International Monetary Fund (Thesing and Krause-Jackson 2010). I...
Richard LeMont, a recent graduate of a Midwestern university with a Ph.D degree in Finance with a minor in Strategy/Policy, is faced with teaching a course in entrepreneurial finance at an AACSB-accredited College of Business. His doctoral training, while preparing him to deal with research and typical business school courses, has failed him where the entrepreneurial course is concerned. The reader is tasked with developing solutions to the problems highlighted by his first four weeks of the course.
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