International Financial Management Essay Example | Topics and Well Written Essays - 2500 words - 1

International Financial Management - Essay Example Moreover, Wall-Mart also has projected plan to invest further 37% of its US $ 13.05 million and 38 percent of US $ 12.5 million of capital investment in the international market for the year 2013 and 2014 respectively. Significant portion of the above mentioned investment is aimed at adjustments and capturing e-commerce retail sales in US, Brazil and China (Wal-Mart, 2013). In light of the Wall-Marts decision to invest and since the conditions of the world are constantly changing; therefore, underlying report is aimed at exploring factors that affect the foreign direct investment in specific context to China. The report will provide comprehensive review of foreign direct investment arena of China that determines its attractiveness. Furthermore, assessment of the FDI scenario of China with reference to global financial crises and the current position will be highlighted. Finally the improvement recommendations will be made. IMPORTANCE OF INVESTMENT AVENUES ASSESSMENT Foreign Direct In vestment, in accordance with the definition of World Bank, is investment leading to ten percent stake ownership by an organization that is not domestic by origin. MNC’s have been making investments in foreign investments since past 200 years but these investments centrally constituted portfolio investments than green field business purpose, wholly owned subsidiaries or joint ventures (Vardar, 2011). Liberalization of economies led to the relaxation of paths for the foreign investors by removing barrier (Vardar, 2011). Factors that drive multinational corporations towards investment in international arena are concretely dependent on either the objective of growth of diversification. Though increasingly important driver of the country’s economies; FDI also benefits extensively to the investing companies in response to taking risks and costs in international markets. Companies usually undertake foreign investment decisions when export and licensing such as tariffs and quo tas etc are prone to increased costs and risks than benefits. Alike, Wall-Mart many other corporations such as Coca-Cola, Exxon Mobile, Tesco, Starbucks, Nokia etc all have invested their stakes in the foreign markets. Complimenting to growth and diversification, factors that influence international investment are highlighted as follows: Significant reduction in transportation cost is gained. Attractive markets may turn unprofitable on shipping or transporting of products in bulk from local market to long distance markets. Internationalization and FDI stake in market, according to internationalization strategy, gets attractive once the cost, difficulties and limited level of control in licensing mode restrains corporations from gaining actual benefits from international markets. Investment in international markets also forms an important dimension of strategic behavior of gaining dominant position in the international market. This factor adds significant value to the firm in compari son with competitors by gaining first mover’s advantage. Stages of the product’s life cycle where demand of the product increases to considerable extent in the international markets leads to firm’s investment in the international market. In most instances, the maturity stage of product’s life cycle leads to FDI in international market. Each country in the world offers some advantages that are not offered by many other markets or locations in the world. Other than market

Islam in Central Asia Essay Example | Topics and Well Written Essays - 1250 words

Islam in Central Asia - Essay Example Islam in Central Asia Mansur al-Hallaj was different from other Suffis who followed traditional perceptions that further had its impressions in the literature. For instance, Suffis in the era believed that sharing mysticism with the masses was inappropriate. However, Al-Hallaj followed a rebellious path that further had its impression on the Qrighiz legend of origin. Illustration of such a fact can be obtained from his writing in Kitab-Al-Tawasin, emphasizing dialogues of Satan and God (Lenz-Raymann, 2014). Contextually, the method used by Al-Hallaj in his writing was known as the ‘universal mystical introspection’, which later gave birth to a new dimension of Sufi culture in Qrighiz. He was also rebellious for his belief that practices in contradiction to the traditional religious principles indicate the individual’s thirst for greater truth rather than his challenging or opposing attitude to the beliefs. In his writings, rather than expanding on the traditional religious beliefs, Al-Hallaj emphasized humanity. Mansur al-Hallaj believed in the unity of man with the Divine. He travelled to various places to preach his writings, which majorly included Tostar, Baghdad, Mecca and Turkestan among others that further gave rise to the Qrighiz legend of origin. As argued by Shepard (2009), the writings of Mansur-al-Hallaj were important for Sufi culture, as it defined a new dimension of Islam. His life was measured widely by the French Scholars of Islam.