The answer to the blank space is globally sustainable competitive advantage.
American programs and trends are very successful in influencing people from other countries culturally, making people more interested in buying products that are used by Americans. Chinese consumers, in this case, are also influenced by the Americans. It definitely gives American brands an advantage over homegrown brands in their country.
Business finance refers to funds availed by business owners to meet their needs that may include commencing a business, obtaining top-up funds to finance business operations, obtaining finance to purchase capital assets for the business, or to deal with a sudden cash crunch faced by the business.
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Answer:
The optimal hedge is 0.642 and it means that the size of the future positions should be 64.2% of the exposure of the company in a 3 month-hedge.
Explanation:
optimal hedge ratio
= coefficient of correlation*(standard deviation of quarterly changes in the prices of a commodity/standard deviation of quarterly changes in a futures price on the commodity)
= 0..8*(0.65/0.81)
= 0.642
Therefore, The optimal hedge is 0.642 and it means that the size of the future positions should be 64.2% of the exposure of the company in a 3 month-hedge.
Answer:
$250,000
Explanation:
The effect of a change in the money supply is given by the following equation: money increase/decrease x money multiplier
the money multiplier = 1/reserve ratio = 1/20% = 5
so the net effect of this transaction = -$50,000 x 5 = -$250,000