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财务管理书籍.doc

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财务管理书籍.doc

上传人:mh900965 2018/5/29 文件大小:34 KB

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文档介绍:,其他一些因素也很重要。其中一个近来颇受重视的因素就是地理因素。While a country’s political and economic systems are probably the big engine driving its rate of economic development, other factors are also important. One that has received attention recently is geography.
,兼并重组要比绿地投资速度要快。这一点对于市场迅速扩张的现代经济社会至关重要。很多公司相信如果他们不对一些必要的目标公司进行兼并,那么他们的全球竞争对手就会这么做。其次,外国公司被兼并是因为这些公司拥有有价值的战略资产,例如品牌忠诚、客户关系、商标专利、分销系统、生产系统以及其他要素。First, mergers and acquisitions are quicker to execute than greenfield investments. This is an important consideration in the modern business world where markets evolve very rapidly. Many firms apparently believe that if they do not acquire a desirable target firm, then their global rivals will. Second, foreign firms are acquired because those firms have valuable strategic assets, such as brand loyalty, customer relationship, trademarks or patents, distribution systems, production systems, and the like.
,最重要的是搞明白谁受益谁受损。政府会从中受益,因为关税增加了政府税收。国内生产者受益,因为关税可以通过提高进口外国商品的成本,而使本国生产商面临较少的国外竞争。消费者受损,因为他们必须要对某些进口产品支付更多。The important thing to understand about an import tariff is who suffers and who gains. The government gains, because the tariff increases government revenues. Domestic producers gain, because the tariff affords them some protection against petitors by increasing the cost of imported foreign goods. Consumers lose because they must pay more for certain import