See details and requirements in the attached word file.
So far we have covered Chapters 1,2,3,4,5,6,7,8,9,10,11,12,16 (not covering chapters 13 and 14).
FIN 4230 – Summer 2020
1: UK Consulting Project
2: Coronavirus Consulting Project
3: Chinese Tariff Consulting Project
Choose Only One
Due: Sunday August 2, 2020
12% of total grade
Choose #1: As we all are now (somewhat painfully aware) Great Britain voted to leave the EU officially on 12/31/2020. The consequences of this move will be monumental even if they are not currently well understood, or even well known. The current state of exit negotiations with the EU has not clarified this situation and in fact some analysts believe the UK has lost an entire year dithering about what it wants to accomplish.
Case Situation: You are a senior member of an international risk management firm. An important and long standing client with significant operations in the UK, EU and North America has come to you for advice on the potential impact of the British exit from the EU. The client’s main business is selling financial instruments for hedging.
Your Assignment: Take a position on where your client should locate operations after December 2020. Justify this to your client with data and arguments and make a recommendation on whether the firm would be better off moving operations to the EU proper, to the US or Canada or to remain in London.
Choose # 2: The global economy is now reeling from the effects of the coronavirus COVID – 19 pandemic. The long-term effects of this global health crisis are largely unknown but widely believed to be hugely negative. Yet there are reasons to believe that some sectors will benefit and even thrive if they are adroit enough to successfully manage the next 3 years.
Case Situation: You are a senior member of an international risk management firm. An important and long-standing client with significant operations in the EU and North America has come to you for advice on the potential impact of the COVID-19 pandemic. The client’s main business is surgical and pulmonary instruments for hospitals and clinics.
Your Assignment: Take a position on where your client should locate operations after December 2020, what it should produce and what marketing plans should be implemented.
Choose #3: We are now aware that we are in the midst of a full on trade war with China the levels and consequences of which are largely unknown.
Case Situation: You are a senior member of an international risk management firm. An important and long standing client with significant operations in the China and North America has come to you for advice on the potential impact of the US tariffs and now the global health situation on imports of Chinese finished steel nails. The client’s main business is selling nails and other steel fastening tools such as staples and screws.
Your Assignment: Take a position on where your client should locate operations and whether a diversification strategy should be considered. This diversification could be geographical, product line focused or financial. Justify this to your client with data and arguments and make a recommendation on both the location and diversification requirements.
Your case should follow these guidelines:
· Include at least one graph developed in our course.
· A narrative of 3 to 5 pages in length not including appendices
· Have a title page and bibliography
· At least 3 sources not including the text
· Word processed using double spacing and a 12 point font
The purpose of the data exercises is to ensure that you are familiar with the methodology of collecting economic/financial data from the Web and analyzing it.These exercises include collecting the required data, creating a graph or table to present this information, and no more than three double-spaced pages of analysis of the data. Part of the purpose of the assignment is to teach you to write and present information concisely and to the point. Imagine that you are giving this to your boss or an important client and they will be able to devote only 7 minutes to reading your paper. What and how do you wish to communicate with them? Think about this question before you begin to write.
The point of view that you should take in addressing each topic is that your audience (see above) is ignorant of what this data represents and how it is measured. Your task is to explain your position on the British Exit and how it might impact the operations of your client.