Tuesday, December 31, 2019

VIP delegations Procedures and Approach - Free Essay Example

Sample details Pages: 9 Words: 2764 Downloads: 6 Date added: 2017/06/26 Category Public Relations Essay Type Research paper Did you like this example? Title: VIP delegations à ¢Ã¢â€š ¬Ã¢â‚¬Å" procedures and approach Contents VIP Delegation: Objectives: Methodology: Introduction: Gulf States Security and the Iranian Role in the Region: UAE Strategy of national security: Literature Review: Conclusion: Recommendations: References: VIP Delegation: In the current era one observes that apart from the national affairs that does take place within the precinct of the nation and its society, the international affairs happens to gain a stronger and more potent importance. In fact it can be well opined that in the current situation the external or the international affairs and developments and events tends to cast a very intent affect on the internal developments of a nation. In such a scenario we see that the nations must be well aware of at least certain plans and programs of each otherà ¢Ã¢â€š ¬Ã¢â€ž ¢s national agendas and must even cooperate with each other at certain points of time that will not juts effect international peace and security but will also eventually lead to the development and growth of the various nations within a geographical region. In fact we do observe that peaceful and friendly relations between two nations often foster great development economic, political and eventually social of the partner nations in the peace and prosperity alliance. To affect such a motive of intention we see that in the recent times the trend to VIP Delegations visiting foreign countries have been on an incline. In this case we see that just like many other political powers of the world (mondatosummit, 2015). The UAE and the other Arab countries are no different and are definitely not lagging behind in taking according steps to send their Delegates to other foreign nations and to entertain the foreign delegations of other international powers. In the current discussion we will be looking at and will be delving deep into this topic that unravels the importance of the VIP delegations visiting a particular nation and the various aspects that the host country must keep in mind while attending to their VIP Delegates, which will be discussed pertaining to the situation of the UAE (Barbera, 2011). Don’t waste time! Our writers will create an original "VIP delegations Procedures and Approach" essay for you Create order Objectives: The opening of the article or the discussion reveals the central idea of the title theme of the article. It reflects clearly that the current discussion will be delving into the aspects of the importance and the various details o handling the VIP delegations that comes to any nation. This discussion will be approached with the nation UAE in the main perspective. However there are certain objectives of the article. Rather it could b said that there are certain points or facets a successful investigation of which quite obviously initiates the research. In this part of the discussion we will be listing the same: The importance of the VIP delegations that comes to visit the nation of the UAE from the perspective of the development of the nation. The role of the VIP Delegates in terms of the fostering international security and creating more friendlier bonds between the various nations. The political services and the attention that needs to be given by the host country to its VIP delegates who did come from the other nations in the quest of establishing some fruitful or profitable alliances. The different hospitality gestures and services that could be provided for a comfortable and enjoyable stay of the Delegates. Also through the scope of the discussion we will be taking a glimpse at the international relations and the security standards and condition that does prevail in the Middle East amongst the Arab countries. The article also discusses as one of its objective the various approaches and the investigation methods and means that have been chosen by the author to find the various facts and figures, data and information that has helped the author to establish his arguments and theories that has added dimension and depth to the said research. Methodology: The agenda of the VIP delegates that happens to be a global phenomenon is a topic that has often been researched into. In this case we see that several noted scholars have been into the depths and have tried to investigate the various aspects and the features and the benefits that must have triggered off this trend of VIP delegations visiting various nations and which again in the recent times have gained much importance and elaboration. In fact the global media in the contemporary times happens to be covered and over spilled with this issue that reveals every second day, which nation delegate did head for which international country and with what agenda in mind (Heaton, 1998). Hence in the current times we see that all the possible channels of media such as the newspaper, the updates on radio and television news and the internet web world is flooded with information that reflects on the benefits of the VIP delegates visiting the various nations. Hence in this case we can opine tha t since the foreign delegates or the national authorities who happen to be tending to the VIP delegates are very busy people and hence could be quite difficult to contact. Hence instead of interviewing of the concerned people who are quite ace profile personalities, investigation into the existing literature on the said topic will provide for the adequate information and the data that will be required to construct the said research framework. Hence the secondary information data is of crucial importance to the author of the research (Skretting, 2014). Introduction: Most of the nations and the national powers in the modern era give a special attention to the activities and the attitudes o their neighboring countries. In fact we can say that this is a facet that is not just applicable to the current times when a global unity has come to rest as a major feature in all the aspects o politics, economy and the society. Even before this in the earlier days from the point of view of the political as well as the economic interest we see that the neighboring national powers did have a special importance. Once again right from the days of the kings and the dynasties we see that political representatives of one nation happens to visit the other nations with various agendas of which some were political, economic or social issues and concerns that both the kingdoms had to consult and think about in an union. This is a trend that is continuing even in the current times. We see that even in the modern age various political delegates visits other nations to d iscuss matters political, economic and social in nature which is required to be discussed by both the host nation and the nation from which the delegates have come. In the recent times we also see that the foreign delegates often comes down to visit their neighboring nations with various matters that are pertaining to the security of both the nations and their respective societies and also the matters of international security. Hence we see that special attention is to be given to all the aspects of the foreign delegates so that the diplomatic relations between the two nations are kept strong and secure and the VIP delegates are also facilitated in their efforts of accomplishing the determined objectives that had initiated their visit to the said nation (totalcompr, 2015). Gulf States Security and the Iranian Role in the Region: The Gulf is the region that is dominated by the Arab community. This community although id distinguished by various national borders and political sovereignties, nevertheless has a very long and old historical background that is rather religious in its nature. In this context we see that the Gulf is a region that has a seen a history where the national powers have often found themselves to have been drawn in a strife. Of the same the nation of Iran deserves a special mention. The Sunni Arab world has inherently found themselves at loggerheads with the Shiite Iranians and we see that there have been several occasions on which there has sprung up various hostilities between the two national and the religious sects. On the other hand we see that the various Arab nationalities also takes a special notice of the Nuclear power that rests with the nation of Iran on the strength of which Iran is one of the most recognizable national powers in the region at least in terms of military might. Other Arab countries such as Saudi Arabia dwell in a constant fear of alliance between the West and that of Iran which could put the rest of the Arab world in an obvious danger. Even in the Iran Iraq war we see that the rest of the Gulf powers had negated any help that could be possibly extended from the other parts of the western world or the western countries, where the political leaders of the Arab nationalities said that they are capable of sorting out their own problems and no intervention from the western powers are expected (al-monitor, 2014). UAE Strategy of national security: To maintain a perfectly safe and secure ambience in which the Arab world and the UAE could foster a well developed economy and national integrity the UAE government has got down to plan a certain and definite security program for the nation and the entire geographical region for that matter. In this perspective the UAE says that they look forward to the development and integration of the military might of the nation and also the government of the United Arab Emirates looks forward to a joint collaboration between the interstate, international and inter governmental units. Further the political leaders have designed that this inter and intra regional cooperation will help the nation of UAE and the entire gulf region to be better prepared against any possible foreign attack (ISHR, 2013, February 14). In this context we also see that the UAE did point out that in the earlier times the nation of the Emirates were not strong enough to protect themselves as a result of which we see that he western powers such as the UK and the USA had to intervene for the protection of the UAE and the other Arab countries. However, this has to change in the future and the UAE and the rest of the Arab countries had to become self dependant and strong in terms of protecting themselves. In the perspective of the nation of Iran UAE tries to maintain a peaceful and harmonious relation with the nation and also the other nations such as the Saudi Arabia with whom again the UAE had a history of strife and struggle (Salama, 2015). Literature Review: In this section we will be looking at the various incidents and events when foreign delegates did come to the UAE for various purposes and interest. The Gulf News on the 12th of April 2015 did flash the news that two VIP delegations came to the jebel Ali Free Zone or the Jafza. The delegation comprised of senior trade development officials and the business men from Thailand and the Philippines. In the meeting it was recorded that warm greetings were recorded and that great future for bilateral trade between Jafza and Thailand and Philippines was expressed and assured. In this case the reporter Adelle Geromino did mention that the non oil trade between Jafza and that of Thailand had already seen a 30% increase to what is was in the previous year. The possibilities to establish business incubators were also expressed during the course of the day (Croucher, 2013). According to (Contorno, 2015) the foreign diplomats have a great role to play in the bilateral foreign trades between t wo countries. The leading daily newspaper even mentioned that the foreign diplomats should adopt a proactive role in finding out about the market trends of the country and also zero down on the export potential of the home country to the host country. These are the information that they need to share with the industries of the home country so that the maximum profit could be generated for the home country. Conclusion: On a concluding note it could be said that the role of the foreign delegates in the path of the progress of the home and the host country is quite indomitable. The VIP delegates play a very important role in the fostering of friendly and cordial relations between two countries. In this case we also see that the VIP delegates are the personalities who along with them bring about an opportunity for an overall development of both the host and the home countries. Not only can the element of political peace and prosperity could be secured and an beneficial political alliance between the governments of the two nations could be effected that will make both then nations strong but at the same time w se that the delegates can also open new avenues for the economic and the social developments of both the nations. Once again we see that the VIP delegations also often has the potential to settle some of the most irking issues of national and international safety and security. In addition to th e same we see that the culture and the prestige of the host country get amply multiplied. In the case of the UAE we see that the nation is one of the most developed nations of the world and that the nation has a greatly developed economy and are also a very modern nation in its nature and essence. The arrival of the VIP delegations happens to open new and great economic possibilities for the country that since ages happens to foster an open door policy for commerce and trade. Once again we see the VIP delegations also open new channels for establishing peace and prosperity with the other nations of the Gulf. Hence the role of the VIP delegates the development of the nation stand quite imperative. Recommendations: Following are the recommendations that could be made for the nation of UAE who could use the suggestions to serve their delegates better: The host nation could keep a very minute detailed record of the likes and dislikes of the delegates and also their personal preferences. In this case we see that often such personalized touches of hospitality leaves the guests very much happy and they feel cared about. This again gives a very positive reflection of the hospitality standards of the host nation. The VIP delegates could be helped to get an inner insight into the culture and social aspects of the nation that could help the host nationà ¢Ã¢â€š ¬Ã¢â€ž ¢s vices and again the guests could feel culturally enriched. Once again we see those facilities such as immediate flights, planned tours, great traveling facilities personal guides and other aspects that would make their stay, comfortable, enjoyable and memorable. Once again constant medical facilities as and when required could again enhance the services of the host country, such as UAE in this case. The authorities must be careful about the fact that the VIP delegates must be having their times carefully planned so that they get to meet all the required key persons meeting who would be required for the success of the visit of the VIP Delegates. References: al-monitor. (2014, April 09). oman iran gcc saudi security economy gulf. Retrieved from al-monitor: https://www.al-monitor.com/pulse/originals/2014/04/oman-iran-gcc-saudi-security-economy-gulf.html Barbera, M. (2011). VIP delegation: Enabling VIPs to offload data in wireless social mobile networks. Retrieved from ieee: https://ieeexplore.ieee.org/xpl/login.jsp?tp=arnumber=5982141url=https://ieeexplore.ieee.org/xpls/abs_all.jsp?arnumber=5982141 Contorno, t. (2015, February 26). Conservative group claims Hillary Clintons foundation took millions from foreign governments. Retrieved from politifact: https://www.politifact.com/truth-o-meter/statements/2015/feb/26/american-crossroads/conservative-group-claims-hillary-clintons-foundat/ Croucher, M. (2013, October 24). The wait begins as Expo delegates complete Dubaià ¢Ã¢â€š ¬Ã¢â€ž ¢s bidding process. Retrieved from thenational: https://www.thenational.ae/uae/tourism/the-wait-begins-as-expo-delegates-complete-dubais-bidding-proce ss Salama, S. (2015, January 05). UAE National Service draft strategy announced. Retrieved from gulfnews: https://gulfnews.com/news/uae/government/uae-national-service-draft-strategy-announced-1.1436430 Skretting, H. (2014, August 28). VIP Delegation Visiting Program for ONS2014. Retrieved from intsok: https://www.intsok.com/Market-info/Markets/Norway/Events/VIP-Delegation-Visiting-Program-for-ONS2014 totalcompr. (2015, April 14). ROSEWOOD HOSTS TOP DELEGATION . Retrieved from totalcompr: https://www.totalcompr.com/total-com-media/latest-news/item/1023-rosewood-jeddah-hosts-government-and-vip-delegation.html Heaton, J. (1998). Secondary analysis of qualitative data. Journal Of Social Research, 1(22). Retrieved from https://sru.soc.surrey.ac.uk/SRU22.html ISHR. (2013, February 14). Expert views on the Vienna Declaration Programme of Action + 20 See more at: https://www.ishr.ch/news/expert-views-vienna-declaration-programme-action-20#sthash.ECS78CAu.dpuf. Retrieved fr om ishr: https://www.ishr.ch/news/expert-views-vienna-declaration-programme-action-20 mondatosummit. (2015, January 29). Terms and Conditions for Conference Delegate AND VIP Passes and Summit Awards. Retrieved from mondatosummit: https://www.mondatosummit.com/terms-and-conditions-for-conference-delegate-passes-and-summit-awards/

Monday, December 23, 2019

Historical Analogy of the First and Second Continental...

HISTORICAL ANALOGY OF THE FIRST AND SECOND CONTINENTAL CONGRESS Introduction CONTINENTAL CONGRESS, 1ST (1774) AND 2ND (1775-1781). The political state of affairs in Massachusetts produced by the English Coercive Acts, that had been approved in reaction to the Boston Tea Party, riled up such radical New York patriot leaders as Alexander McDougall and Isaac Sears and to suggest the assembly of a general colonial congress to the Boston Committee of Correspondence. The Massachusetts General Assembly recommended in June 1774 that a broad congress be convened in Philadelphia to talk about relations among Parliament and the American colonies. The first Continental Congress took place in Philadelphia on September 5, 1774, with every one of the colonies with the exception of Georgia represented. In the whole span of American history, there has in no way been, a more inspiring congregation of luminous statesmen. One of the most significant features of the first Continental Congress was that New England and southern patriot leaders revealed that they may possibly work w ith each another in the quest for universal objectives. During the first Continental Congress, representatives measured four chief items of business. Representatives of the Massachusetts General Assembly, convening in Suffolk County, Massachusetts, accepted a string of resolutions announcing the Coercive Acts in opposition to the British Constitution; suggestive of arrangement of a new government in Massachusetts withShow MoreRelatedCase Analysis American Airlines5546 Words   |  23 Pagesincrease by 4.5%. The rush to reduce capacity and keep growth in operations in the industry has also been frantic and ineffective. 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Sunday, December 15, 2019

The management team at Aldus Corporation Free Essays

The management team at Aldus Corporation was considering a possible reorganization of its existing marketing strategies in order to suit the needs of the market more effectively. Initially, the success of the product had been based on strategic alliances with large corporations such as Apple and IBM. These strategic alliances had facilitated access to a large distribution network. We will write a custom essay sample on The management team at Aldus Corporation or any similar topic only for you Order Now The product’s marketing potential had also been enhanced through technical support which had helped both the business executive and the professional graphics designer to make the most of the software. However this was a single product strategy which was no longer viable because the needs of the two market segments were diverging. For example, the market segment that consisted of business executives required greater user-friendliness while the market segment that consisted of professional graphics designers required a greater range of functionalities. Therefore, the management team at Aldus had to formulate strategies that would enable the existing organizational structure at Aldus to customize PageMaker to a greater extent to the needs of both segments. Although the proposed reorganization presented several difficult challenges, it was a viable one in light of the fact that both consumer segments were critical to maintaining Aldus’s profit potential. How to cite The management team at Aldus Corporation, Essays

Saturday, December 7, 2019

Global Financial Mechanisms Montreal Protocol †MyAssignmenthelp

Question: Discuss about the Global Financial Mechanisms Montreal Protocol. Answer: Introduction International business defines the business activities, which involve cross-border transactions of goods and services between two or more than two countries. Due to liberation, open market and freedom of conducting business, most of the organizations are highly inclined towards operating business in international markets (Christiaens et al., 2015). In such situation, financial management is the most important aspect for every internal business organization. The success of an international business is highly dependent on effective international financial management. International financial management is extremely important for an international organization, which helps in trading and making money through exchange of foreign currency (Cremers et al., 2016). Proper international financial management assists in maintaining the international organization financially stable through properly dealing with different currency, different political situation, diversified opportunity and imperfec t markets. Such financial management also contributes in currency derivatives, multi-currency bonds, cross-border stock listing and international mutual funds. While considering the international financial management in New Zealand, it can be found that the organizations of this country are adopting several effective finance options for proper managing the financial status in international markets. Free trade agreement and open marker of business have encouraged the organizations in going beyond their domestic boundaries and operate internationally (Demir Bahadir, 2014). Moreover, the organizations of this country adopt alternative paths towards globalizing the cost and availability of capital. They often issue international bonds as debt investment for raising capital in operating international business. Apart from that, the organization also utilize equity listing for selling shares to public for managing their international financial status through raising capital from the foreign public for operating international business. On the other hand, the organizations often issue Euroequityin foreign markets for raising capital from the public . Such options help the international organizations of New Zealand in effective international financial management. This study will discuss the international financial management of Dantata, which is an automotive organization listed on both Australia as well as USA. Now, the organization is going to construct a new manufacturing plant in India. The study will evaluate and discuss various business finance options for the organization towards raising capital for constructing the new manufacturing plants. The study will also provide a critical risk analysis for the organization through sensitivities, foreign exchange and political risks associated with project execution. At last, the study will also provide some recommendation to the organization through SAMRT objectives towards effectively managing the international financial management for its new project in India. Business Finance Options Banking can be an effective option for Dantata for financing its new manufacturing plants in India. In India, the organization can get both options like working capital loans and funding. According to Alexander et al. (2014), in working capital loans, the Indian banking institutes offer loans for running one complete cycle of revenue generating operations. On the other hand, in funding option, the baking institutes of India allow the business organization to share their business plan, valuation of the business and project report for sanctioning the business loans. Therefore, Dantata can avail options for two of loan options for establishing their new manufacturing plant in India. Furthermore, Richards and van Staden, (2015) opined that one interesting driver for banking options in India is collateral free business loans offered by some banking institutes. Moreover, some Indian Lending business banks like HDFC, Baroda, Axis and ICICI have more than 7 to 8 different options for collate ral free business loans. In such options, Dantata can even get loan approval without sharing the inventory of the business. Stent et al. (2017) pointed out that with the developing economic condition of India, the business organizations can avail bank loans from the Indian banks even at less interest rate. Moreover, the average interest rate range for business loans in Indian banks is between 10%-20%. Therefore, Dantata cab avail adequate business loans with quite less interest rate. On the other hand, India is full of banking finance options, where numerous banks provide easy and flexible business loans options. Moreover, Dantata can easily avail business loans for new manufacturing plants from the Indian banks like State Bank of India, ICICI Bank, HDFC Bank, Kotak Business Loan, Tata Capital, Yes Bank and many more. Advantage and Disadvantage of Banking Option Martnez?Ferrero and Fras?Aceituno (2015) pointed out that banking loans are always available in Indian banks, as the banking institutes must need to keep their depositors money working and earn more interest than the banks pay to its depositors. Therefore, Dantata can avail their business loans for new manufacturing plants in India whenever required. On the other hand, Attig and Cleary (2014) opined that borrowing too much amount of business loans can lead to decreased cash flow for the business. In this way, it can hamper the business success of Dantata in Indian market. Furthermore, Jiang et al. (2013) opined that the interest generated in business bank loans is tax deductible. Therefore, it can help the organization in reducing overall organizational cost. Furthermore, in case of fix rate loan, the loan servicing payment remains same throughout the life of the loan. Therefore, it will become easy for Dantata towards calculating the budget for monthly loan payment. However, in orde r to get low cost loans, Dantata must have a good credit score, which can be challenging for it. After deciding on the type of banking loans required by the organization, it must know the scores of the business. Moreover, the organization will need to calculate credit score, time in business, debt to income, repot on industry risk and report on cash flow. After this, the organization will need to prepare the loan application package and submit to the concerned lending bank (Zhang Elmaghraby, 2014). The documents mostly required with the loan application form are detailed business plan, financial results and projection and tax return. Based on this information, the lending bank will sanction the specific business loan and sent a loan approval letter to the organization. The organization can soon avail the bank loans after receiving this loan approval letter. Equity financing can also be an efficient business financing option for Dantata in Indian market. In such financing option, organizations issue shares, which are mostly offered for sales towards raising share capital. Share is the indivisible unit of capital, which expresses the relationship between the shareholder and the corporation (Enqvist et al., 2014). Unlike repaying the invested amount of the shareholders, the organizations mostly share the amount of profit with shareholders in future. Therefore, the more Dantata will be able to sell its share to the investors, the more it will be able to raise finance for successfully running the new manufacturing plant in Indian market. According to Karadag (2015), India is considered to be a strong stock market, where stock prices are gradually rising and the confidence of the investors is also growing. The investors optimism is also associated with economic boom of Indian market, where the investors can easily expect profit of a particular industry. In this way, the positive sentiment of the investors has led to bull market in Indian stock market. Therefore, Dantata can easily sell huge share or stock to the investors for raising its share capital for new manufacturing plant in Indian market. On the other hand, Gerschewski and Xiao (2015) opined that wide industry growth of automobile market and growing economic condition of India can boost the equity financial options of an organization. The organization can also sell its share to the venture capitalists and angel investors for raising its share capital. National Stock Exchange represents 62% of the market capitalization in Indian stock market, which is around US $1.41 trillion (Zaman, 2017). Bombay Stock Exchange has also grabbed considered amount of Indian stock market, which can encourage Dantata for equity financing towards raining capital. Advantage and Disadvantage of Share and Stock Lantto (2014) pointed out that organizations have no obligation to make interest payment or repaying the equity to the initial investment of the investors. Unlike debt capital, equity capital does not require periodic interest payments and repaying to the borrowing money. Therefore, Dantata do not have to bother about repaying the investors. However, Kollmann, (2013) opined that with every share of stock, an organization reduce its ownership stake in its business. Therefore, Dantata can gradually lose the control on their business in such financing option. After analyzing the business funding needs, the organization can issue equity shares for sale to the public. It can issue its shares in Indian stock market both through Bombay Stock Exchange and National Stock Exchange (Nielsen Roslender, 2015). After that, the organization can find the investors like venture capital, angel investors, business owners and event family and friends. Moreover, the organization will need to gain the confidence of the investors in a persuasive way through providing right valuation of the business. The organization will need to convince the investors through projected business growth and specific intent of capital. Furthermore, the organization can also require negotiating with the investors in regards to profit sharing in future. Private financing can be an effective business finance option for Dantata towards funding the new manufacturing plant in Indian market. The organization can successfully use this financial option in the crisis time, when it fails to get loan approval from major financial lending institutes. In such situation, the organization can easily avail business loans from private loan lenders of India. The parties of private loan lenders are even willing to advance unsecured private loans for running business. According to Bruton et al. (2015), the private loan lenders are emerging at a higher rate in Indian market. Moreover, most of the secure and reputed private loan lenders are established in the cities like Delhi, Mumbai, Kolkata, Bangalore and Chennai. Therefore, Dantata can easily avail private loans for private financing for their new manufacturing plant in India. Advantage and Disadvantage of Private Finance According to McLean and Zhao (2014), private financing options can be advantageous for business funding even in the crisis time, when it gets failed in availing bank loans or any loans from large financial institutes. Therefore, Dantata can definitely be assured upon this financing option for gathering business funding for their new manufacturing plants in Indian market. However, Al-Najjar (2013) opined that the unsecured business loans can lead to legal complication for an organization. Therefore, it can be risky for Dantata in terms of raising capital. In private finance, the organization will need to give loan application to the concerned private financing organization. Moreover, the organization requires qualifying the criteria set for getting loans from the private financing options. Based on the details of the business valuation, the private loan lending companies will sanction the application of the loans (Syriopoulos et al., 2015). In this way, Dantata will gather its business funding for its new manufacturing plant in India. Public deposit can be an extremely important option for Dantata for raising its capital for new manufacturing plant in India. In this business finance option, the organization can invite the shareholders, employees and even the general public towards depositing their saving in its business. Moreover, such financing option can be used for meeting the short-term and long-term financing needs of the organization. The investors in return get the interest generated from their deposited money. According to Boso et al. (2016), growing industrialization of automobile industry has increased the optimism of the depositors in this industry. Therefore, increasing confidence of depositors in Indian Market can drive the scope public finance for Dantata. On the other hand, Kroes and Manikas, (2014) opined that Indian public can avails much higher interest rate in the public deposit option than the banking interest. Therefore, there is a growing interest of public deposit among the Indian public. Th erefore, such growing interest of public towards public deposit can drive Dantata towards choosing this option as their business finance option for new manufacturing plant in India. According to Da Gbadji et al. (2015), organizations need to pay quite less interest rate to the depositors than it has to pay to the bank as banking interest. Furthermore, issuing public deposit is quite less expensive than issuing share to the public. Unlike equity finance, such option does not also provide any kind of ownership to the depositors. Dantata can gather adequate finance for its new manufacturing plant in India with less cost. However, Ramiah et al. (2014) opined that Indian government has fixed the public deposit period up to 3 years only. Therefore, this finance option can be available for shorter period for Dantata. Process Involved in Public Deposit The organization can invite any public, employee or shareholder for depositing their savings in their business. The members can easily fill up the fill up form and deposit money with the organization. The organization will in return issue a deposit receipt, which is an acknowledgement of debt by the organization. The rate of interest in public deposit will be dependent on the period on the deposit. The organization will be allowed to invite public deposit for only six months to 3 years period. However, the depositors can renew their deposit time to time. The organization will require setting aside 10% of deposit maturing by the end of year. Initial Public Offering can be an effective funding option for Dantata for raising capital in Indian market for the first time just after entering into the market. In such business finance option, the organization can offer its share to the public for the first time. The organization can avail adequate funding for its new manufacturing plants in India through selling their shares to the public for the first time. According to Sorrentino and Smarra (2015), the qualified institutional portion of public issue continues to be oversubscribed. It assures attractive return for the investors in future. Therefore, the organization can avail huge numbers of investors for raising large amount of funding for its new manufacturing company in Indian market. On the other hand, Enomoto et al. (2015) opined that Government initiatives of Indian towards divesting its holding in the public limited companies encourage the investors in investing in public limited companies. Therefore, the company will be able to raise adequate amount of funding for its new manufacturing plant through offering public shares initially. Moreover, the initial public offering activity has headed a record in India in this year. It has exceeded the target of USD 5 billion. Therefore, such trends and positive market sensitivity will also facilitate in encouraging the public towards purchasing the initial shares of the organization. Advantage and Disadvantage According to Razman (2015), in IPO, a publicly listed company can have large and diverse group of investors towards raising capital. It can also provide the organizations a lower cost of capital. Furthermore, unlike other finance options, IPO can help an organization beyond just raising fund and increase it towards increasing its exposure, public image and prestige to the public. Therefore, Dantata can successfully use this finance option for raising its capital for new manufacturing plant in India and enhance its public image to public. However, Tseng et al. (2015) opined that IPO can lead to increased risk of legal and regulatory issues in terms of listing in government list of the country. Furthermore, the funding may not be raised, if the price of IPO is not accepted by the public. While considering the process of IPO, the organization fist has to be listed in the government list of India for issues Initial Public Offering. The issuers mostly obtain assistance of an underwriting firm towards determining the types of security, best pricing and the amount of shares to be issued and the best time issue share in the market. The financial statements of the organization are submitted for official audit towards getting approval of issuing shares to the public (Islam et al., 2015). Merger and acquisition can an extremely important business finance option for Dantata towards raising capital for its new manufacturing plant in India. Moreover, the organization can be merged with any reputed automobile company in India for getting shared access the vital resources of the merged companies (Allen et al., 2014). Moreover, the organization will have the authority to use the financial funding of the merged company. Therefore, in merging option, the organization can realize higher revenue than if it operates separately in Indian market. According to Terjesen et al. (2016), the international investors and business houses are expecting India with a hope of tremendous growth. Moreover, the ease of foreign direct investment can also encourage the company in opting for merger finance option for its new manufacturing plant. On the other hand, the organization can also raise its capital through acquisition financing. In such financing option, the organization can get access to the financial funding of the acquired firms for operating new manufacturing plant. Cheng (2015) pointed out that there are several Indian companies, which need has great potential to grow. Such companies may drive Dantata towards taking over those potentially growing companies towards raising capital for their new manufacturing plant. Furthermore, the growing value of merger and acquisition in India encourage the organization towards opting for this option towards raising capital. Advantage and Disadvantage of Merger and Acquisition According to Fraser et al. (2015) merger finance option can assist an organization towards utilizing the financial resources of the merged company. Moreover, it can be the best option for penetrating foreign market with having huge market knowledge. On the other hand, Baos-Caballero et al. (2014) opined that acquisition option assist an organization towards raising huge capital of acquired company and getting expanded market reach. However, Razman (2015) opined that the new company after merger and acquisition may experience diseconomies of scale because of its increased size. While considering the process involved in merger and acquisition, the organization needs to develop merger and acquisition strategy. After that, the organization needs to set the criteria for merger and acquisition and search for target. In the next process, the organization requires to perform value analysis and negotiation with the target company for planning the merger and acquisition. After all these, the organization needs a due diligence for ensuring the financial position of the target company and purchase and sale contacts towards framing financial strategy. Dantata can also opt for issuing Eurobond for raising adequate capital for constructing new manufacturing plant in India. Eurobond is actually denominated in a foreign currency and not in home currency. The issuance of the bond is usually handled by international financial institution for the borrowers. In such business finance option, the Dantata can issue bonds in the Australia or USA, but the denomination of the bond will be in Indian currency. Moreover, the organization will invite the people in Australia or USA having Indian account. The capital raised from those migrant people will help the organization in funding the new manufacturing plant in India. According to Da Gbadji et al. (2015), 15.7% of Australian populations are Indian migrants, which can increase the scope of issuing Eurobonds in the country. Furthermore, 2.4 million people in USA are Indian migrant, which can also increase the scope of issuing Eurobond in the country. In this way, increasing migration rate from India can drive Dantata towards opting for this option. Furthermore, Kroes and Manikas (2014) opined flexible regulatory environment and low currency rate of India can help an Australian or USA organization towards issuing Eurobond in Indian currency. Therefore, Dantata can easily issue bonds for raising capital with lowest possible cost. Advantage and Disadvantage of Issuing Eurobond According to McLean and Zhao (2014), organizations have the opportunity to issue their Eurobond in the country of their own choice having favorable market condition. Investors would get greater security, as the Eurobond can be manageable for the issuer. Therefore, Dantata can encourage the Indian migrants towards purchasing such bonds. However, Kroes and Manikas (2014) argued that the lack of Fiscal discipline can often hamper the efficiency of issuing Eurobond. It can discourage Dantata towards issuing Eurobond. After selecting the country for issuing Eurobond, the organization requires selecting a lean manager underwriting the bonds policies. After that, the organization needs to organize the lead syndicate in the Indian market for negotiating the terms of bonds with the borrowers. Then, the organization can sale its bonds to the borrowers and set principle paying agent for receiving the interest from the borrowers. According to Bruton et al. (2015), interest rate sensitivity is the most influential sensitivity, which has greater influence on the selection of funding options and project execution. Equity shares and securities are most vulnerable in the interest rate sensitivity. In this case, increased interest rate of India can be harmful for Dantata, where the organization might have to pay quite more return as profit sharing than they have purchased them to the public. Increased interest rate can also impact on the bank loan financing option of the organization. In this case, the increased rate of interest will ultimately increase the overall cost of the organization, when it will pay the loan to the bank. On the other hand, Kroes and Manikas (2014) opined that economic fluctuation of the foreign country can also have huge influence on international project execution. Moreover, higher rate of inflation in the foreign market will enhance the commodity price needed for executing the construction of car manufacturing plant in India. Moreover, it will also impact the pricing policy of the organization, which will impact the funding options. Furthermore, Enomoto et al. (2015) pointed changes in investors sensitivity can also hamper the project execution of an organization in foreign market. Moreover, the low performance of the automotive industry can reduce the optimism level of the investors. In this way, the investors may be reluctant towards investing the shares, securities, bonds and others. Therefore, the organization may face issues in funding capitals for their new manufacturing plant preventing their project execution. Critical Risk for Project Execution Using Foreign Exchange Tseng et al. (2015) pointed out that an unfavorable turn of foreign exchange can hamper an international business, which can even lead the organization towards ending up with giving more to the shareholders and receiving less from them. While considering the funding options, it can be said that increased value of foreign currency may enhance the credit value of the investors after their share or bond purchase. Therefore, currency exchange has huge influence on the value of funding. Moreover, increased Indian currency rate often increase the credit level of the organization to the investors, which ultimately increase organizational cost and hamper in project execution of Dantata. On the other hand, Allen et al. (2014) opined that huge difference on foreign exchange rate can also create difficulties for the international organization in estimating their financial budget for longer period. Moreover, with the changes in foreign exchange rate, it becomes very difficult for the international organization towards paying for the business cost in native currency. In this way, Dantata will also face issues in paying for the project execution in its native currency. Therefore, changes in currency exchange will lead to huge problems in project execution. Furthermore, Fraser et al. (2015) stated that changes in currency fluctuation can also have huge impact on international organization in terms of calculating the estimating the profit level of the international business. Moreover, with increased currency exchange rate in India, Dantata will face increasing cost of business operation will impact on the profit level of the international business. Critical Risk for Project Execution Using Political Risk Political risk is the fundamental risk to every international business organization, which can impact on the project execution in international basis. Moreover, Kroes and Manikas (2014) opined that corruption in political environment of international country may hamper the project execution of international organizations. The international organizations can highly be under the influence of powerful political party, which can hamper the control of the organizations on their international project. Bruton et al. (2015) stated that Political clashes often lead to frequently changing government policies, which even influence the funding options as well as business operation. Furthermore, the international organizations can also face the issues in terms of getting assistance of government in operating business. Therefore, such political environment can also prevent the Dantata in executing the project in Indian market. Moreover, Indian government is less inclined to provide support to the automotive organizations. Therefore, Dantata will face risk of not getting government support from Indian government. Lantto (2014) pointed out that increased tax rate imposed by government on foreign business can also hamper project execution of international organization in international market. Moreover, increased tax rate imposed by Indian government on foreign subsidiaries can lead to risk for Dantata in regards to their construction of manufacturing plant. Furthermore, the changes in trade agreement of the country may be harmful for Dantata towards executing their business with high level of regulatory stringent. Conclusion While concluding the study, it can be said that Dantata can have wide ranges of business finance options for constructing automotive manufacturing plant in Indian market. The organization can initially offer Initial Public Offering to the public for raising capital through issue shares to the public. Furthermore, the organization can also opt for bank loans for raising adequate capital for the new manufacturing plant. Moreover, the collateral free business loans offered by some Indian banks can drive the organization in opting for this finance options. The organization can also opt for equity financing, where it will issue share to the public in secondary market for raising capital. The strong stock market of India can also drive the organization in opting for this equity finance option. The industry growth of automobile industry has increased the optimism level of the investors towards purchasing the shares. Furthermore, the organization can also opt for private finance option for raising capital, where it will avail finance from the private lending organization when it will fail to get approval of loans from major financial institutions. Public deposit can also be an effective business finance option for the organization towards raising their capital. Unlike equity finance, the depositors of the organization will receive periodic interest on their deposited money. Apart from that, the organization can also opt for merger and acquisition and Eurobond for raising capital for their new manufacturing plant in India. Howeverm the organization will face issues in project execution in terms of sensitivities, currency exchange and political risk. Recommendation Recommendation for Dantata through SMART Objectives Specific Raising 60% capital through business finance options Choosing IPO, Bank loans, Equity Shares in constructing new manufacturing plants in India Selling 75% shares to the public for raising capital Measurable Calculating organizational capital is possible, which will measure 60% raised capital through selected business finance options The organization can easily track on the progress of negotiation with the shareholders and banks for raising capital from them Calculating share value from both IPO as well as equity share is possible, which will measure 75% sales of share to the public Achievable Raising 60% capital from different business finance options is challenging but it is achievable It needs proper effort from the organizational members towards convincing the banks in taking bank loans Effort is also required for proper issuing the shares to the public for encouraging them in purchasing those shares Selling 75% shares in also hard, but can be achievable by encouraging buyers of shares through proper presentation of companys financial status Realistic The goals of the organization for raising adequate capital is obviously realistic The organizational members needs completing all legal proceedings and proper presentation of companys inventory for getting approval of banks loans The members of the organization will also require attractive presentation of companys financial position for encouraging the buyers of share and Eurobonds Time-Bound The organization will raise its capital within next 1 year time period Table 1: Recommendation of Dantata for Raising Capital (Source: Created by Author) The above SMART table gives the recommendation to Dantata towards raising adequate capital for constructing and operating its new automobile manufacturing firm. In this recommendation, the organization will set Specific objectives for raising capital. In these objectives, the organization will raise 60% capital from difference business finance options, which required for constructing new manufacturing plant in India. Apart from that, the organization will choose IPO, equity share, Eurobonds and bank loans for raising this much of funds. Furthermore, the organization will sell 75% of its issues shares to the public. The objectives of the organization will be measurable, when raised capital and sold shares can be tracked and calculated. Furthermore, the objectives of the organization can be difficult, but these are achievable. It needs proper presentation of the companys inventory to the buyers of shares and banks towards selling shares and getting loans. 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