Monday, February 24, 2020

Evaluate the foreign exchange exposure aspects of the French retail Essay

Evaluate the foreign exchange exposure aspects of the French retail investment project on behalf of Archer's Organic Foods plc - Essay Example .................................4 4.0 Conclusion †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦......†¦.................................9 5.0 Recommendations............................................................................................9 References†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦..10 Appendices †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.....†¦.10 Abstract Without a doubt, the issue of foreign exchange exposures through loss of economic value leads to high losses in firms’ value as the management seeks to maximize the profitability, net cash flow and marke t value of the firm. More significantly, foreign exchange rates get exposures to translation, transaction, and economic exposures depending on the market prevalent exchange rates in the foreign exchange market. With the existence of increased exchange exposure risks among companies that operate globally, different current and uprising fluctuations in the foreign exchange rates influence its growth (Allayannis and Ofek, 2001). As a result, most companies’ analysts undertake a thorough analysis of the foreign exchange markets, which reflects the increased significance of monitoring the effects of the fluctuating exchange rate as it affects individual firms’ profitability levels. ... ds plc management is interested in undertaking investment decisions that will increase its profitability levels, thus avoiding any losses that might arise from its expansion to France due to increased risks of foreign exchange exposures. Considering the market sensitivity to exchange rate exposures, it is radical to undertake a decision based on foreign exchange exposures that are more likely to occur in terms of a regression of asset value on the exchange rate. As a company considering undertaking investment projects that will increase their profitability levels, the management of Archer’s Organic Foods plc should consider the increased possibility of accounting, operation and strategic exposures that could arise from increased foreign exchange rate fluctuations. More significantly, the possibility of increased volatility of the financial markets as Archer’s Organic Foods plc seeks to undertake increased expansion growth allows for unexpected movements in exchange rate s and interest rates within the different foreign markets (Elliott, Huffman and Makar, 2003). More importantly, the increased free movements of cash flows and profits generated from trading with France increases the likelihood of foreign exchange exposures. With the growing global competition,  the increased likelihood of foreign exchange exposures through increased unanticipated movements with the foreign currency trading can cause very large gains or losses if the risks remain largely uncontrolled. As a result, the company’s management should seek to undertake increased measures through increased use of foreign currency derivatives and other hedging instruments that are more likely to mitigate the risk of foreign exchange losses affecting the firm’s asset value. Foreign Exchange Rate Exposures

Saturday, February 8, 2020

English for Specific Purposes Essay Example | Topics and Well Written Essays - 2500 words

English for Specific Purposes - Essay Example The first studies on special languages were in fact those on register, which developed in a Firthian environment. Following strictly in Halliday's footsteps (Halliday, 1978), British linguists identified special registers on the basis of lexical aspects, which they considered sufficient in themselves to distinguish them from common language. For example, the presence of a lexical item such as tablespoonful was enough to presume that the register was that of recipes or prescriptions (Halliday, McIntosh & Strevens, 1964; Strevens, 1977). However, as recent approaches to special languages have pointed out, differences do not apply to the lexical level only, but also concern morph syntactic choices and textual and pragmatic organization (Swales, 1990; Gotti, 1991; Bhatia, 1993). The social context (and therefore the aim) of each of the subdivisions of ESP exerts a strong influence on the linguistic strategies which are to be adopted. Therefore situational and functional requirements dire ct linguistic choices such as lexical density, the complexity and the length of clause structure, the degree of formality and the management of information, to name but a few. The most important d... cate a set of professional skills and to perform English and are learning the language in order to communicate a set of professional skills and to perform particular job-related functions. An ESP program is therefore built on an assessment of purposes and needs and the functions for which English is required. ESP concentrates more on language in context than on teaching grammar and language structures. It covers subjects varying from accounting or computer science to tourism and business management. The ESP focal point is that English is not taught as a subject separated from the students' real world (or wishes); instead, it is integrated into a subject matter area important to the learners. However, ESL and ESP diverge not only in the nature of the learner, but also in the aim of instruction. In fact, as a general rule, while in ESL all four language skills; listening, reading, speaking, and writing, are stressed equally, in ESP it is a needs analysis that determines which language skills are most needed by the students, and the syllabus is designed accordingly. An ESP program, might, for example, emphasize the development of reading skills in students who are preparing for graduate work in business administration; or it might promote the development of spoken skills in students who are studying English in order to become tourist guides. As a matter of fact, ESP combines subject matter and English language teaching. Such a combination is highly motivating because students are able to apply what they learn in their English classes to their main field of study, whether it be accounting, business management, economics, computer science or tourism. Being able to use the vocabulary and structures that they learn in a meaningful context reinforces what is taught and