Effects of Increase in the Value of Currency Analytical Essay by Nicky

Effects of Increase in the Value of Currency
An analysis of the effects that businesses experience when there is an increase in a country's currency value.
# 128029 | 1,737 words | 9 sources | APA | 2010 | US
Published on Jun 25, 2010 in Business (International) , Economics (International) , Economics (Globalization)

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This paper examines the impact felt by businesses when the value of a country's currency increases. The paper explores the varying effects on firms that sell domestically, sell internationally, buy supplies internationally, and have manufacturing plants in other countries. For example, the paper notes that companies that sell domestically may confront tougher competition from importers because the price of finished products imported from other countries may turn out be cheaper than the price of its products. The paper also delves into liquor licensing, the Clean Air Act, and the Nutrition and Labeling Act.

The Firm That Sells Domestically
The Firm Purchases Supplies From Other Countries
The Firm Sells Products Domestically and in Other Countries
The Firm Has Manufacturing Plant in Another Country
Liquor Licensing
Justice Department Guidelines
The Clean Air Act
The Nutrition and Labeling Act

From the Paper:

"Whereas if companies, targeting the domestic market, are not applying successful marketing tactics and strategies due to their rigid business structures and their stubborn bureaucratic bosses, then it is highly likely that competition will endanger their very existence. This is because their tasks are anything but innovative; they are more and more identified by their routine, as well as, repetitive workload. Responsibilities turn out to be more prominent and boundaries are formed. The organization does not take any form of risk as a lot more is at stake for the company. They incline towards rigidity and inflexibility, which ultimately leads to their demise."

Sample of Sources Used:

  • Autio, E., Sapienza, H. and Almeida, J. 2000. Effects of age at entry, knowledge intensity, and imitability on international growth. Academy of Management Journal, 43(5): 909-924.
  • FDA Backgrounder, May 1999: The Food Label. Taken from: http://www.cfsan.fda.gov/~dms/lab-gen.html#general
  • Lewin, A.Y. and Massini, S. 2003. Knowledge Creation and Organizational Capabilities of Innovating and Imitating Firms. In H. Tsoukas and N. Mylonopoulos (eds.) Organizations as Knowledge Systems, Palgrave: Basingstoke.
  • Penrose, E. 1959. The Theory of the Growth of the Firm. Basil Blackwell: London.
  • Pollack, C.E., Cubbin, C., Ahn, D., and Winklebv, M. 2005. Neighbourhood deprivation and alcohol consumption: Does the availability of alcohol play a role? Int. J. Epidemiol. 34: 772-780.

Cite this Analytical Essay:

APA Format

Effects of Increase in the Value of Currency (2010, June 25) Retrieved April 19, 2021, from https://www.academon.com/analytical-essay/effects-of-increase-in-the-value-of-currency-128029/

MLA Format

"Effects of Increase in the Value of Currency" 25 June 2010. Web. 19 April. 2021. <https://www.academon.com/analytical-essay/effects-of-increase-in-the-value-of-currency-128029/>