Answers: 1: This statement raises question regarding the utility of fair value information about assets, which are held for use, instead of exchange. With AASB 13 in place, concerns could be observed among the standard setters with the ways of measuring fair value, instead of when fair value measures are needed. As mentioned in the exposure draft, there are a number of respondents that have questioned IASB whether fair value measurement is re...Read More
Question: Discuss about the National Cultural Dimensions System. Answer: Introduction: Thomas Friedman in his concept of globalisation highlighted three distinct stages. First stage focussed on expansion of companies (Christopherson, 2008). Second stage of globalisation focussing on countries globalising and third phase on individual globalising. At each stage of globalisation, focus is on extension of capabilities and ...Read More
Question: Discuss About The Competitive Strategy Commonwealth Bank? Answer: Introducation The Commonwealth Bank of Australia (CBA) is among the ‘big four ‘multinational banks of Australia. It operates its financial business across Australia, Fiji, New Zealand, Asia, United States and the UK. The company provides a range of financial services that includes the invest services, banking services, insurance, funds manage...Read More
Question: Discuss about the International Business for Framework of Multinationals Company. Answer: 1. Identification of a multinational company operating in Australia The international company that is taken into consideration in this assignment is Wesfarmers Limited that is headquartered in Perth, Western Australia. This organization is associated primarily with the retailing business procedure but also have a predominant inte...Read More
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