6.1International_investment.pptVIP

Unit 6 : International Investment 6.1 Typical Investment Problems 典型的投资问题 6.2 The Setting of Investment Objectives 投资目标的设定 6.3 Foreign Direct Investment 对外直接投资 Unit 7: International Marketing 7.1 Factors Affecting Choice of Channels 影响分销渠道选择的因素 7.2 Why Should Firms Engage in Global Marketing企业从事国际营销的原因 7.3 Marketing Your Business Effectively 有效地推销企业 Unit 8: International Trade Practice 8.1 Letter of Credit and Draft 信用证及汇票 8.2What Should the Importer Do 进口商应该做什么 8.3 ICC Uniform Customs and Practice For Documentary Credits (UCP600) 跟单信用证统一惯例 Unit 9: International Business Communication 9.1 International Negotiation Process 跨文化谈判的过程 9.2 The Effects of Culture Shock 文化冲突的影响 9.3 Cross—cultural Differences in Recognizing Affect from Body Posture 身体姿势的不同含义带来的跨文化差异 Unit 10:Transnational Enterprise Management 10.1 Multinational Corporation跨国公司 10.2 The Principles of Scientific Management科学管理原则 10.3 Transnational Corporations and the Internationalization of RD 跨国公司和研发的国际化 International investment 国际投资 6.1 Typical investment problems Every investment problem has unique features, but many fit into a few broad categories or types. We briefly outline some of the most important problem types here. Fuller descriptions of these general types and more specific examples appear in the relevant chapters. Pricing Let us go back to our very first example of an investment situation, the first offer from your uncle, but now let us turn it around. Imagine that there is an investment opportunity that will pay exactly $110 at the end of one year. We ask: how much is this investment worth today? In other words, what is the appropriate price of this investment, given the overall financial environment? If the current interest rate for one-year investments is 10%,then this investment should have a price of exactly $100. In that case, the $110 paid at the end of the year would correspond to a rate of return of 10%. If th