Lonely Planet's Global Business Case Study by Nicky

Lonely Planet's Global Business
A case study of Lonely Planet Publications' international monetary flows.
# 146889 | 1,613 words | 2 sources | APA | 2011 | US


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Description:

The paper examines the nature of international monetary flows within the context of Lonely Planet Publications. The paper discusses convertible currencies and non-convertible currencies
and looks at Lonely Planet's purchasing of materials, physical machinery and labor. The paper examines the cash flows at Lonely Planet and how it illustrates the way that global economies have become interdependent with trade agreements.
The paper then points out how enhanced communications and transportation allow for the internationalization of several components of LPP's enterprise. The paper considers the future outlook for Lonely Planet and how the changes in the global economy will impact the company's global operations in the coming years.

Outline:
Introduction
The International Monetary System
Purchasing
Labor
Cash Inflows
Changes in the Global Economy
Future Outlook
Conclusion

From the Paper:

"International trade has driven mankind throughout history. Conquerors and explorers traversed the earth in the name of enhancing economic opportunities. Today, international business manifests itself not in caravans and caravels, but in a web of cross-border transactions. To facilitate modern global trade, today's nation-states have developed complex trade agreements that outline the manifestations of trade to the finest detail. To support this trade, an international financial system had developed. This system is critical because it allows for the flows of capital to move relatively freely, despite the existence of over one hundred different currencies. We have seen in recent years that various trade agreements have allowed even developing markets to become integrated into the global financial system (Das, 2003)."

Sample of Sources Used:

  • Das, Dilip K. (2003). Financial Flows and Global Integration. Centre for the Study of Globalization and Regionalization. Retrieved April 1, 2009 fromhttp://www2.warwick.ac.uk/fac/soc/csgr/research/workingpapers/2004/wp13204.pdf
  • Steil, Benn. (2007). The end of National Currency. Foreign Affairs. Retrieved April 1, 2009 from http://www.foreignaffairs.com/articles/62614/benn-steil/the-end-of-national-currency

Cite this Case Study:

APA Format

Lonely Planet's Global Business (2011, January 22) Retrieved January 27, 2022, from https://www.academon.com/case-study/lonely-planet-global-business-146889/

MLA Format

"Lonely Planet's Global Business" 22 January 2011. Web. 27 January. 2022. <https://www.academon.com/case-study/lonely-planet-global-business-146889/>

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